| Subject | Date Asked |
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| non resident mortgage | 10/25/2009 |
Q: do you know if it is possible to get a mortgage on a property in Canada if you are a non resident? I ...
A: Non resident mortgages are indeed available. You will have an easier time of getting a mortgage as a ...
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| foreign land | 8/20/2009 |
Q: The question I have is a bit confusing but Hope you are able to help me understand how this works. ...
A: A mortgage can be in a company name. The credit will be authorized, however, based on the strength ...
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| Mortgage after bankruptcy | 8/19/2009 |
Q: My husband and I are discharged (March 2008) bankrupts. We have been trying to get approval from ...
A: and I realized that with all the information I gave you, I neglected to actually answer your ...
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| oversea company buy condo/loft in Toronto,Ontario | 8/19/2009 |
Q: I'm interested in buying a condo/loft in Toronto,Ontario using my oversea company. What are the ...
A: If you register your company in Canada, then it is not really a "foreign" business. That is to say, ...
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| oversea company buy condo/loft in Toronto,Ontario | 8/18/2009 |
Q: I'm interested in buying a condo/loft in Toronto,Ontario using my oversea company. What are the ...
A: You will have a tough time finding a lender who will allow you to obtain a mortgage in the name of a ...
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| US Citizen buying condo in Quebec | 8/7/2009 |
Q: My wife and I would like to buy a particular condo in Quebec -- to lease out for a few years but ...
A: My computer is saying I didn't answer this question...but I have the copy of the answer on file, so ...
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| Mortgage penalties | 8/6/2009 |
Q: I currently have a CMHC insured mortgage and am just entering the 4th year of a 5 year term. We ...
A: Yes, you're right, CMHC did indeed have such a policy at one time; unfortunately, this policy was ...
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| Common-Law Purchase | 7/28/2009 |
Q: My question is in regards to ownership entitlements and obligations when two people are ...
A: Your situation is complicated legally. Firstly, if you were pre-approved for a mortgage, I fail to ...
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| Mortgage transfer | 7/23/2009 |
Q: I currently own two investment properties with a partner. We are interested in starting an LLC to ...
A: While not everyone on a mortgage must be on title, everyone on title must be on the mortgage (well, ...
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| CMHC mortgage insurace.... | 7/17/2009 |
Q: Last week friday we went into our local credit union for a mortgage on an acreage outside of town. ...
A: The bank has given you a pre-approval, and then after the fact, has indicated to you that there ...
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| CMHC mortgage insurace.... | 7/17/2009 |
Q: Last week friday we went into our local credit union for a mortgage on an acreage outside of town. ...
A: First, regarding CMHC: their policy states that one must have a minimum beacon score of 610, for 90% ...
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| Mortgage Rates | 7/13/2009 |
Q: My bank offered me 4.49% on my mortgage renewal. Is this a good rate? I really want the best rate ...
A: 4.49% is a fairly good rate at the moment. You could possibly get a rate as low as 4.09%, but that ...
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| acreage limit | 7/1/2009 |
Q: i live in the us and ive been looking at an recreational site on hunting grounds.is there a limit on ...
A: My apologies for answering you a bit late...I've been trying to get info from the U.S. Embassy here ...
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| Real Estate - Capital Gains | 6/30/2009 |
Q: I apologize if this is not your area of expertise but I thought I would ask you the question anyways ...
A: You're right, of course...my expertise lies in all things mortgages...but I've checked with a ...
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| transfering title deed on house | 6/29/2009 |
Q: NB Canada for a $1.00. We are both from US. What are the Canadian laws re: transferring title ...
A: My expertise lies in all aspects of obtaining a mortgage for a property in Canada...however, I have ...
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| mortgages | 6/25/2009 |
Q: I'm going to be moving to Alberta in September on a company transfer. I'm hoping to buy something, ...
A: You should start researching your mortgage options as soon as possible. Most lenders offer a 90 to ...
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| Mortgage License | 6/22/2009 |
Q: I work for a mortgage company based out of Houston, TX. Can we do business in Canada on our broker ...
A: Each province has different guidelines; in British Columbia, mortgage brokers are governed by the ...
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| Mortgage License | 6/19/2009 |
Q: I work for a mortgage company based out of Houston, TX. Can we do business in Canada on our broker ...
A: Unfortunately, in order to be a Mortgage Broker in Canada, you need to be licensed in Canada. If you ...
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| Non-resident property purchase | 6/18/2009 |
Q: My Canadian daughter is married to an American, both are working and living in California. We would ...
A: I've looked into this further. I have a lender who, given the client is a Canadian Citizen, and ...
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| pre-foreclosure | 6/9/2009 |
Q: I was wondering about trying to buy a house that was in pre-foreclosure. I have looked at a few ...
A: I should clarify first, that I am a Mortgage Broker. Thus, my expertise lies in helping you with all ...
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| Buying Property | 6/9/2009 |
Q: I'm considering buying property in Canada. How much should I pay?
A: I should clarify first of all that I am a mortgage broker, not a realtor. My first suggestion, if ...
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| Breach of Contract? | 6/9/2009 |
Q: I am a Canadian non resident. I have recently sold a house that was my principal residence from ...
A: First, I should clarify that I am a Mortgage Broker rather than a Realtor; my expertise lies in the ...
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