Common Questions
Questions & Answers
Common Mortgage Questions
Can one buy a second home with less than 20% down?
Yes, we have lenders that will do this for you.
Can you transfer your CMCH fees to your new house?
Yes, in most cases this applies.
Can I own more than one insured house?
Yes, you certainly can.
Can I take someone off my mortgage in a separation?
Yes New rules with CMCH allow one to have options.
Can I use child tax credits for income?
Yes.
Do I have down payment options?
Yes.
Can part time employment qualify as income?
Yes.
Are there self employed programs for both income and non income reporting individuals?
Yes.
How do I calculate my part time income?
Salary positions require a letter of employment and a paysub
What is a monoline, bank and credit union
A lender that has only one product in their business - Mortgages only