🔹Income - lender will consider Your total combined household income
🔹Debts - including but not limited to monthly house payments as well as payments on all loans, credit cards, child support, etc.
🔹 Employment History - a history of steady employment, usually within the same job/industry sector.
🔹 Credit history - established and clean credit is also very important when applying for a mortgage.
🔹 Value of the property you wish to purchase - the lender will also want to ensure that the property in question meets all requirements pertaining to value, location, and condition.
Conveniently book an appointment with one of our Mortgage Agents at ikfinancial.com
Or call us today:
Inna Bogdanov 416.268.0004 | Inna@ikfinancial.com
Katerina Markevich 416.388.8153 | Katerina@ikfinancial.com