31 January 2012
31 January 2012
Another wave of concerns about lending rules changes – Banks already have started tightening for self-employed
Breaking News: We just got update from one of the major mortgage player – FirstLine CIBC Mortgages that starting tomorrow it will no longer accept Stated Income programs! First victims of such decision will be self-employed borrower as well as new and non-residents who have difficulties to confirm income with their Notice of Assessment. Looks like rest of Big Banks will follow the suit! Read more |