When it comes to home financing, the conventional mortgage stands as a cornerstone in the housing market. It’s a term frequently mentioned, but not always fully understood by potential homebuyers. A conventional mortgage refers to a home loan that is not insured by the federal government, in contrast to loans like FHA or VA mortgages, […]
Navigating the financial landscape of homeownership in Ottawa becomes more complex with child support obligations in the picture. Individuals providing child support must consider how these payments affect their mortgage qualification. This comprehensive guide delves into the lender’s perspective on child support, assessing its impact on the mortgage process, and providing actionable advice for balancing […]
Harpreet Chhabra, B.COMM, MFC, RRC Mortgage Agent
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