WHY IS THIS MORTGAGE AMAZING?

• Qualify up to $2 Million on a Residential First Mortgage

• Qualify with 100% of Paid & Pending Commission Income  

• 100% of Rental Income used to Qualify

• Applies to both Purchases and Refinances

• Terms: 1-5 Years, Up to 30-Year Amortization and 80% Loan to Value, and Portable

• Holding Companies Permitted

• Up to 10 Properties Allowed

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 INCOME REQUIREMENTS

• Commission Statements and Brokerage Letter

• NO Personal Tax Information or Financial Statements

• NO Notice of Assessments or T1-Generals Required

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RATES & FEES:**​

• Income Property (up to 4 units):     

• Mortgage is Registered with Canadian Bank

• Must close within 90 days of Approval

• Lender & Brokerage Fee: 2% of Mortgage Amount

• All Closing Costs and Fees can be deducted from new mortgage.

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