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Title:CMHC Announces Mortgage Rules Change Effective July 1. What you need to know!
Duration:18:42
Viewed:339
Published:08-06-2020
Source:Youtube

CMHC just announced changes to mortgage qualification rules effective July 1, 2020. I review the changes and how those changes could affect your buying power and what you need to do to prepare, if you want to buy a home. In the video, I spoke about mortgage penalties, you can learn more about these calculations here. mymortgagebroker.com/how-do-mortgage-penalties-wor… Here are links to the News Stories about mortgage penalties. www.google.com/search?client=firefox-b-d&q=30000+p… How much mortgage do you qualify for? Check out our mortgage calculator: mymortgagebroker.com/mortgage-pre-approval-calcula… Connect with me at MyMortgageBroker.com/About-Us Check Your Credit. Before you start your home search, you should know your credit score. You can get (and track) your credit score here without lowering it: mymortgagebroker.com/get-your-credit-score If you have some issues from the past, it's important to improve your credit so that you can qualify to purchase a home and also qualify for lower interest rates when you apply for loans. Repair Your Credit here: mymortgagebroker.com/debt-rehab Don't need a mortgage? Looking for a personal loan instead? Visit this website: mymortgagebroker.com/loan-application #StevenCrews #MyMortgageBroker #ParagonMortgage #CMHC #FirstTimeHomeBuyer

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