"But I've had a Mortgage Before"
It is a common misconception these days that you will qualify for a mortgage in the future, because you have qualified for a mortgage in the past.
The “good old days” (when it comes to home financing anyway) are yesterday’s news.
Even if your financial situation has improved or remained the same, securing mortgage financing is more difficult now than it was in the past. With federal government’s latest changes to mortgage qualification, many Canadians are qualifying for 20-25% less.
Let’s add to that, the fact that many lenders are using guidelines (for determining your suitability for financing approval) that have been replaced with sometimes non-negotiable rules and declarations.
The lending landscape in Canada has gone through many changes in recent years, and as the future often shows us, change is continually happening.
That’s why you can rely on EasyApproval.ca to guide you through the changes and make the process as easy and stress free as possible for you and your family… call today at 416.786.8395