$2,500 that you pay back over 2 years and they report it to bureau for you. The cost - $900! That’s crazy and completely unnecessary.
Here is what you need to know for those in consumer proposal. Remember, every situation is unique, so always have an experienced broker work with you:
However, this can make it harder to prove to lenders that you can afford to make your mortgage payments.
I won’t brag about the benefits of using a mortgage broker ( especially if you are self-employed)., however I will reiterate the importance of being completely honest with your mortgage broker and provide all the details they are asking from you.
Based on your situation, a mortgage broker or good mortgage professional can advise you of the type of information you need to present to improve your options and get the best possible rate. The Business for Self mortgage product is...
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