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Teri Lynn & Norm Hilson

New To Canada??

Qualified homebuyers who have immigrated or relocated to Canada can qualify for mortgage insurance.

Borrower qualification:
 

Must have immigrated or relocated to Canada within the last 36 months.


3 months minimum full time employment in Canada (borrowers being transferred under a corporate relocation program are exempt)

 

Must have a valid work permit or obtained landed immigrant status.
For LTV's 95% or greater, down payment must be from own resources. For LTV's less than 95%, the remainder may be gifted from an immediate family member or from a corporate subsidy.

 

All debts held outside of the country must be included in the total debt servicing ratio (Rental income earned outside of Canada is to be excluded from the calculation).

Published Tuesday, February 11, 2014 7:35 PM by Norm & Teri Lynn Hilson Broker Sales Rep

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October 17, 2017 1:17 AM

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About Norm & Teri Lynn Hilson Broker Sales Rep

Born and raised in Milton, with complete knowledge of the surrounding areas. Our success is because of our commitment to service. We look forward to helping all our present, and future clients.