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Well yes, it is possible! Qualifying income is the only difference in qualifying for a mortgage between a salaried individual and a self-employed individual . For each situation here is the...
When we sign a mortgage, we often underestimate the total interest cost over the lifetime of our loan. Suppose you purchase a mortgage of $100,000.00 over a 25 year period at an interest rate of 5%....
Geneviève and Éric bought their home 8 years ago. By refinancing their home for the maximum allowed (80% of the market value), they were able to free up $100,000 that they used as...