taber: Happy Holidays Everyone
- 12/24/08 05:41 AM
This holiday season, my thoughts turn gratefully to those people who have made my success possible. It is in this spirit that I say thank-you and best wishes for the holiday season and a very happy new year. May peace, prosperity and joy be with you all!!! All the best! Shaun … (1 comments)
taber: Equity & Vision mortgage programs suspended by another Lender.
- 12/24/08 05:23 AM
Equity (low documentation) and vision (damaged credit) mortgages became more difficult to obtain in Canada this week as Concentra financial announced that it was "temporarily" suspending these programs in response to the current conditions of the economy and credit conditions in Canada. These types of programs are very important to customers who don't fit the traditional "A" lending requirements of most banks and institutions. Equity programs allow for reduced amount of required documentation in underwriting a mortgage. Over the past few years, lenders have been willing to allow for less documentation in situations where there is sizable amount of equity (security) in a property. … (0 comments)
This holiday season, my thoughts turn gratefully to those people who have made my success possible.
;)
;)
