As I talked about in my previous post, understanding deposit structures and mortgage approvals is essential to purchasing a new condo from a developer in Toronto. However, what do you do when you can get the funds for the deposits, but you run into trouble when it comes to securing mortgage preapprovals? This can occur […]
2 things are becoming more of a reality this year: 1) the number of people who own multiple condos as investments is dramatically increasing, and 2) the number of banks who will lend freely and openly to condo investors has shrunk. The Problem With Getting A Toronto Condo Investment Mortgage The problem is some banks […]
Mortgage Approvals for Pre-Construction Condos: Part 2
August 19, 2008 / by Andrew la Fleur / Insights
As I talked about in my previous post, understanding deposit structures and mortgage approvals is essential to purchasing a new condo from a developer in Toronto. However, what do you do when you can get the funds for the deposits, but you run into trouble when it comes to securing mortgage preapprovals? This can occur […]
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Why I Use RBC For My Toronto Condo Investment Mortgages
January 15, 2014 / by Andrew la Fleur / Insights
2 things are becoming more of a reality this year: 1) the number of people who own multiple condos as investments is dramatically increasing, and 2) the number of banks who will lend freely and openly to condo investors has shrunk. The Problem With Getting A Toronto Condo Investment Mortgage The problem is some banks […]
Read more