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Can You Get a Mortgage in Canada as a Permanent Resident with Foreign Income?
Yes. You can get a mortgage as a permanent resident with income earned outside Canada, but here is the catch nobody mentions at the branch.
Gifted Down Payment Rules in Canada: What Lenders Actually Require
Yes, you can use a gift from an immediate family member for your down payment. But lenders need proof it is a genuine gift, not
Should You Pay Down Your Mortgage or Invest Before Renewal?
Paying down your mortgage earns you a guaranteed result equal to your interest rate. Investing might earn more, but nothing is promised, and the value
Self-Employed With a Dropped Income: Can You Still Switch Lenders at Renewal?
Renewing with your current lender usually does not require you to prove your income again. Switching to a new lender does, and the new lender
Blend and Extend vs Breaking Your Mortgage: Which One Actually Wins?
A blend-and-extend mortgage averages your current rate with today’s rate over a new, longer term, so you avoid paying a full prepayment penalty upfront. Breaking
How Lenders Count Bonus, Commission, and Overtime Income
Lenders generally average your bonus, commission, or overtime income over the past two years, then use that average only if the trend is stable or
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Can You Get a Mortgage in Canada as a Permanent Resident with Foreign Income?
Yes. You can get a mortgage as a permanent resident with income earned outside Canada,
Gifted Down Payment Rules in Canada: What Lenders Actually Require
Yes, you can use a gift from an immediate family member for your down payment.
Should You Pay Down Your Mortgage or Invest Before Renewal?
Paying down your mortgage earns you a guaranteed result equal to your interest rate. Investing
Self-Employed With a Dropped Income: Can You Still Switch Lenders at Renewal?
Renewing with your current lender usually does not require you to prove your income again.