Found 3 blog entries tagged as Credit.

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Credit: Secrets to Unlock the Bank's Vault

 

As an agent, I have helped MANY clients purchase their first home, and have learned what the banks want. If you think you have ANY issues getting approved to purchase your next home, watching this credit video (and my other videos) will help tremendously towards your future purchase. When your normal banks won't grant you credit, I suggest:

  1. A SECURED card: https://www.capitalone.ca/credit-cards/guaranteed-mastercard/  or https://www.hometrust.ca/credit-cards/secured-visa-card/ 
  2. After this, I suggest cards from a variety of retailers. Retailers are keen to help you shop in THEIR stores; store specific cards are generally easier to get than "main stream" cards. Many retailers offer co-branded…

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Things To Do To Ruin Your Chances of Getting a Mortgage


A mortgage is a really big deal. When applying for a mortgage, a lender will look at all aspects of your credit history and employment to see if you are able to handle a large debt such as a house.


However, there are some things that will definitely ruin your chances of getting a mortgage if you are not fully aware, and sometimes it may be something that seems so simple but will make a huge impact on your home buying ability.

The following is list of things that can affect your chances of getting a mortgage:

Not having enough saved for a down payment: Always plan ahead. Make sure that you have put enough money aside so that you can make a sufficient down payment. Even if you…

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This post is time sensitive, with implications for your mortgage, cashflow, and credit for April - Sept 2020, all due to Covid-19.

 I am not a medical professional.  I know NOTHING about health.  There are hundreds of news stories out there about Covid-19.  Many more about government actions.  About social distancing.  This is NOT one of those posts.  It should also be noted, that as with everything Covid, the situation is fluid and changing.

 The federal government announced the Covid-19 Mortgage Payment Deferral Program.  Essentially freeing up extra cash flow for mortgage holders NOW, in the middle of the outbreak.  The best page directly from the government describing the program…

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