@mrsnataliemac: Secrets , tip and tricks to buy a property in Canada #canada #buyingahouse #buyingahome #canadiantiktok #housingmarket #firsttimehomebuyer #realestateinvesting #canadianrealestate #canadalife
But now you have additional credit to pay back including your mortgage. When you apply for a mortgage they’ll see all the credit lines, which don’t that work against you ?
2024-12-07 00:34:38
38
Nasrin1107 :
Mention his name plz
2024-12-21 12:58:08
1
eriprincessa :
Loc will count against your debt though, the banks check source of funds for downpayment..
2024-12-16 19:29:50
2
Ashley Rose :
I thought you can't have debt in order to buy a home? wouldn't taking out against a line of credit be debt?
2024-12-07 13:05:56
2
🤍 :
I understand what your saying and I watched his video but honestly it just sounds like a hassle and banks aren’t really giving out LOC for 40K anymore
2024-12-11 22:42:39
4
pinkyarora305 :
Can you please mention the guy we should be watching his video too.
2024-12-12 16:32:24
1
SetaRii✨ :
but they will check where you got your money from?
2024-12-13 07:54:58
2
User987654321 :
But how can you afford your mortgage payments once you get your house
2024-12-07 14:00:27
4
veer :
bank does check the source of DP and that has ti be savings not borrowed funds & each credit product will inpact the amout you borrow as it will increase debt service ratio
2024-12-16 02:45:40
1
annette :
This is not true. The bank runs credit check to see how much credit u already have.They will not qualify u if you have too much deth.How r u going to pay 4 LC along with mortgage.Not a good advice.
2024-12-17 07:43:28
0
Manitouwadge 2 Terrace Bay :
You can own a home in Northern Ontario for 70K to 300K
here is a beautiful home for sale for 290K in Marathon
https://vm.tiktok.com/ZMkNGJDf6/
https://www.facebook.com/dale.sett.2024?mibextid=ZbWKwL
2024-12-12 19:53:35
1
Colton Charest | AB Realtor®️ :
And then if you’re in Alberta, call me to find a house that will cash flow and help u pay down that line of credit faster while you live in it 😏
2024-12-07 00:58:01
2
Financial MOTIVATION :
It’s not that simple but it’s possible…here is what you do get those 4 LOC find 4 people to give you a “gift” worth $40k each. This way it doesn’t count against you as “debt”.
2024-12-16 20:20:45
0
Cassandra💕👑💅🏾 :
this doesn't work ur line of credit will be used in ur debt servicing to get the mortgage plus to get a 40k loc u need good income pls don't tell me stuff that doesn't make sense I'm an underwriter 😁
2024-12-16 18:08:49
0
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