Self Employed? What It Could Mean To Future Borrower’s
Posted by kelownarealestatepros on January 23, 2012 | No Comments
Tough Rules If Housing Market Gets Too Hot Financial Post Jan 23, 2012 Garry Marr A new round of mortgage rules from Ottawa could include tough new measures for calculating how the self-employed qualify for loans and tighten regulations for condominium buyers, according to two separate sources. Ottawa remains concerned about the possibility of an inflated housing market and wants to crack down on the practice where consumers self-disclose what they make when applying for a loan. In the case of the condominium buyer, the government continues to consider a proposal that wo....
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