NEW MORTGAGE QUALIFICATION RULES COME INTO EFFECT JAN 1,2018 WHICH WILL CERTAINLY NEGATIVELY IMPACT MANY PURCHASERS. STRESS TEST RULES WILL FORCE LENDERS TO USE A SIGNIFICANTLY HIGHER RATE FOR QUALIFICATION PURPOSES WHICH WILL IN TURN REDUCE THE AMOUNT OF MORTGAGE WHICH CAN BE APPROVED. IF YOU ARE “SITTING ON THE FENCE” ACT NOW…GET PRE-APPROVED
Tom Neeb
Mortgage Agent Level 2
Originator Licence #M12002374- tomneeb@dominionlending.ca
- Tel: 519-759-2907 Cell: 905-541-8736
- Fax: 519-759-2937