Hang on and Enjoy the Ride...
July 7 2016 Posted by Mary Poburan
It's been tough start to the summer when it comes to lending...a new Equifax scoring system introduced recently, has created some challenges for borrowers who have bruised credit. What was previously 'good' credit is now becoming harshly rated and is resulting in some clients no longer qualifying for mortgage financing under current regulatory guidelines. If that wasn't enough we just found out that OSFI has take steps to further tighten lending guidelines. It has never been more important to deal with an experience mortgage professional who is well versed on all the changes.Hold On...it's going to be quite the Ride!!

Mary Poburan
Senior Mortgage Consultant

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