Mortgage Stress Test - How To Quickly Know How Much You Qualify ForBy Scott WestlakeFebruary 10, 20230 comments#mortgaagestresstest #stresstest #mortgagestress #mortgagequalification What is the mortgage stress test (Download Free Stress Test App --> Mortgage Stress Test App The mortgage stress test in Ontario is a regulatory measure aimed at ensuring that homebuyers are able to withstand an increase in interest rates. The test requires homebuyers to qualify ...Read more...
Self Employed Mortgage QualificationsBy Scott WestlakeJanuary 21, 20190 comments#selfemployedmortgagequalification #selfemployedlending #selfemployedmortgagerules #oakvillemortgage #torontolending #mortgagecanada #thewestlaketeam #twt #scottwestlake #mortgageadvise #realestate I personally believe that the way we know self employment mortgages from the past has disappeared. Stating income and using what we believe to be an accurate indication of debt serviceability for a mortgage qualification is no longer an option in my opinion at the bank level. We ...Read more...