household debt ratio

What is the household debt ratio?

Financial institutions consider many indicators about the borrower before granting a mortgage loan. The debt ratio is one of these elements. It is one of the most important criteria for obtaining a mortgage. Discover the debt ratio with your mortgage broker and learn how to calculate it. Definition of the debt ratio The creditworthiness of […]

best mortgage broker

How to choose the best mortgage broker?

Using the services of a mortgage broker has many advantages for future real estate buyers. With their vast knowledge of the mortgage market, your expert is able to accompany you at every stage of your project. There are several important elements to know in order to choose the best mortgage broker. What is a mortgage […]

insurance

What is CMHC mortgage insurance?

A mortgage loan provides you with the money you need to buy your home. Depending on the amount of money you have available for the purchase, you may be required to take out mortgage default insurance. The Canada Mortgage and Housing Corporation CMHC is the main institution that can offer you this insurance. Find out […]

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