Significant Mortgage rules changes over the past 4 years The following are the changes in mortgage rules over the past 4 years including all of 2012’s changes: 2012 LOC (line of credit) reduction to a maximum of 65% LTV (loan to value) Stated income for BFS (business for self) programs require 35% down now Cash-back no longer accepted […]

How would you react?  You come to work in the morning and you notice that there is an email in your inbox from your CEO. Your initial reaction would probably be that the email is nothing more than some rah-rah correspondence, quarterly earning, aren’t we just great etc. But when you open the email you […]

With the recent changes to lending policies mandated by the Federal governement, we find ourselves in times of uncertainty.  What used to be possible with some lenders are no longer possible and the mortgage consumer needs expert, independant advice more than ever.