How to Get a Mortgage in Canada

Описание: Curious how to qualify for a mortgage in Canada? Lenders look for strong credit, stable employment, manageable debt, and enough savings for a down payment—typically 20%, but options exist with as little as 5% down when using mortgage default insurance. You’ll need proof of income and your monthly debts shouldn’t exceed 44% of your gross income (TDS ratio). Getting pre-approved shows sellers you’re serious, and Canada’s stress test ensures you can afford payments even if rates rise. Prep early, keep your finances in check, and team up with a mortgage expert for success!

Please reach out if you need recommendations for mortgage brokers in your area!

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Jennifer Corrigan is a Realtor with EXP Realty in Greater Vancouver BC, Canada.
As a Realtor, a real estate investor and a former real estate appraiser, she offers a unique perspective and skillset to help you achieve your goals faster while avoiding the common mistakes most new investors, buyers and sellers make.

Whether you're downsizing, upsizing or investing in the Greater Vancouver market, she's here to help! Reach out Today for your free consultation!
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Jennifer Corrigan, Realtor, EXP Realty Vancouver, BC
JenCorrigan.com
https://linktr.ee/Jennifer.Corrigan