Since our partner lenders do not use CMHC, the qualifying guidelines are different. These lenders will consider approving mortgages for people who have had credit problems in the past or who do not have enough income to qualify based upon CMHC's guidelines. The great news is that even though the interest rate might be higher, it gives people a chance to lower their monthly payments, re-establish their credit and focus on paying down their mortgage faster. A Mortgage Centre Advantage mortgage consultant can assess your situation if you cannot qualify under CMHC's adjudicating system, there may be solutions and products available for you. Contact us to see if we can help!

...........There are 2 pages to this section [ 1 ] [ 2 ]