Share
Mortgagenomics Canada
Mortgage qualification boosters you probably weren't aware of
Ep. 31
•
Why is it that banks differ in how much mortgage they approve you for? Even though all banks use the same qualification formulas, there are some banks that have additional boosters that can propel you to higher qualification amounts.
Key points:
- Mortgage Approval Pro Tip #1: Down Payment and Amortization affect your maximum mortgage amount
- Mortgage Approval Pro Tip #2: After income, debt is the next major mortgage qualification killer
- Mortgage Approval Pro Tip #3: Avoid using CMHC if you want to qualify for the absolute maximum mortgage
- Mortgage Approval Pro Tip #4: Be aware of non-income qualification boosters
- listen to the complete episode for more details!
- ALSO INCLUDED: an Marko-Gelo-Garage-Band creation
Marko Gelo Garage Band Sessions: (produced and performed my Marko)
- "Cheap Money" ...intro song (0:41)
- "GeorgeQ" ...outro song, full version (1:57)
- all instrument and vocal tracks performed by Marko Gelo
- music tracks arranged and produced by Marko Gelo
Contact Marko, he's a Mortgage Broker:
604-800-9593 direct Vancouver
403-606-3751 direct Calgary
@markogelo (Twitter)
MarkoMusic (SoundCloud Account)...all podcast music tracks are performed and produced by Marko
Click Here to download Marko's Mortgage App (information, rates, calculators, etc)
More episodes
View all episodes
150. Rate forecast pointing to variable rate mortgages and weaker Canadian dollar
11:49Click Here to read the blog version of this episode.Contact Marko, he's a Mortgage Broker!604-800-9593 cell/text Vancouver403-606-3751 cell/text CalgaryCall Marko via WhatsApphomefinancingsolutions.caCLICK HERE to download Marko's award-winning Mobile Mortgage App!149. Deep diving into Vancouver & Calgary from a real estate and mortgagenomic perspective
16:59Click Here to read the blog version of this episode.Contact Marko, he's a Mortgage Broker!604-800-9593 cell/text Vancouver403-606-3751 cell/text CalgaryCall Marko via WhatsApphomefinancingsolutions.caCLICK HERE to download Marko's award-winning Mobile Mortgage App!Episode Reference Link: Foreign Buyer Tax, Prohibition BanEpisode Reference Link: the ChinookEpisode Reference Link: the Ring Road148. Survival Guide for First-Time Home Buyers in Canada
26:22Click Here to read the blog version of this episode.Contact Marko, he's a Mortgage Broker!604-800-9593 cell/text Vancouver403-606-3751 cell/text CalgaryCall Marko via WhatsApphomefinancingsolutions.caCLICK HERE to download Marko's award-winning Mobile Mortgage App!Outro Song: “FindTheTime” by SleepingLorry147. The key to qualifying for a single-family dwelling in Vancouver - the basement suite
09:39Click Here to read the blog version of this episode.Contact Marko, he's a Mortgage Broker!604-800-9593 cell/text Vancouver403-606-3751 cell/text CalgaryCall Marko via WhatsApphomefinancingsolutions.caOutro Song: “Go” by SleepingLorry146. I bet you didn't know this about the RRSP First Time Home Buyer Program
11:01Click Here to read the blog version of this episode.Contact Marko, he's a Mortgage Broker!604-800-9593 cell/text Vancouver403-606-3751 cell/text CalgaryCall Marko via WhatsApphomefinancingsolutions.caOutro Song: “FightTheDay” by SleepingLorry145. BC and Alberta are ramping up in more ways than one
15:36Click Here to read the blog version of this episode.Contact Marko, he's a Mortgage Broker!604-800-9593 cell/text Vancouver403-606-3751 cell/text CalgaryCall Marko via WhatsApphomefinancingsolutions.caOutro Song: “TheFallSong” by SleepingLorry144. Overlooked Mortgage Qualification Criteria
18:03Click Here to read the blog version of this episode.Contact Marko, he's a Mortgage Broker!604-800-9593 cell/text Vancouver403-606-3751 cell/text CalgaryCall Marko via WhatsApphomefinancingsolutions.caOutro Song: “23DaysInBerlin” by Marko Gelo143. Maternity Leave, Child Support, and Canada Child Benefits - can you use them to qualify for a mortgage?
11:37Click Here to read the blog version of this episode.Contact Marko, he's a Mortgage Broker!604-800-9593 cell/text Vancouver403-606-3751 cell/text CalgaryCall Marko via WhatsApphomefinancingsolutions.caOutro Song: “insanity” by Marko Gelo142. Interest Rates, Affordability, Zoning, and the 2026 FIFA World Cup!
21:21Click Here to read the blog version of this episode.Contact Marko, he's a Mortgage Broker!604-800-9593 cell/text Vancouver403-606-3751 cell/text CalgaryCall Marko via WhatsApphomefinancingsolutions.caOutro Song: “family” by Marko Gelo