by admin | Sep 11, 2026 | Uncategorized
Quick Answer If you and your spouse are separating, you usually have several options for the mortgage on your home. One person may keep the property and qualify for the mortgage on their own, the home may be sold, or the mortgage may be refinanced as part of the...
by admin | Aug 7, 2026 | Uncategorized
Summary: Yes, child support and spousal support may be considered income when applying for a mortgage in Canada, but acceptance depends on the lender and the applicant’s circumstances. Lenders typically want documentation showing the amount being received, the...
by admin | Jul 15, 2026 | Mortgages
If your mortgage renewal date is approaching, it’s important not to leave it until the last minute. While missing your renewal date doesn’t usually mean your mortgage is immediately in default, it can limit your options and may end up costing you more in...
by admin | Jun 9, 2026 | Uncategorized
Summary: How does credit card debt affect mortgage approval? Credit card debt can affect your mortgage approval in Canada in two main ways. First, lenders include your monthly credit card payment when calculating your Total Debt Service ratio, which can reduce how...
by admin | May 20, 2026 | Uncategorized
Yes, you can still buy a home in Lethbridge with less than 20% down in 2026. In fact, many first-time buyers across Alberta purchase homes with much smaller down payments. While putting 20% down does have advantages, it is far from a requirement for most homebuyers....
