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Variable Income

Mortgage product details

Max LTV:
0%
Quick Details
Maximum Mortgage
$10000
Min Credit Score
600

Banks and even Alt-A lenders have personal Line 150 (L15000) minimum debt servicing requirements. We don’t. Instead, we understand that income can come from different places, or even just be left in a corporation. If we can be shown that mortgage payments can be supported, and our other requirements are met, we’ll consider it.

Detailed Product Information
Maximum Mortgage
$10000
Max LTV
0.0%

70

Minimum Credit Score
600
Underwriting Notes

Yes - Income for area should make sense.

Required Documents
Document Name Description
Subject Property Appraisal An appraisal of the property by one of our approved appraisers.
Identification Two pieces of ID, at least one being government issued.
Credit Bureau An Equifax credit bureau for each borrower on the application, pulled within 30 days of submission.
Available Communities
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This product is not currently available in any communities.
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