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Posts Tagged ‘waive’

Mythbusting Mortgages 3 – My Bank Will Finance a Former Grow Op!

Friday, January 14th, 2011

Transcript of Video Blog:

Hey everyone! Rowan Smith at the Mortgage Centre. This week we’re doing Myth busting No. 3. This week’s myth is the old: “My bank did a former grow op property for me before so they will again.” That’s not necessarily the case. The industry hasn’t had this problem for that many years, at least not that they’ve been aware of. Properties now being branded as a former grow op in the property condition disclosure statement or in some places even on title has caused lenders to re think how their lending policies are when it comes to former grow ops. They don’t even say why, but what’s changed?

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Mythbusting Mortgages 2 – 35% Down? Who Needs a Job?

Tuesday, January 11th, 2011

Transcript of Video Blog:

Hi everybody! It’s Rowan Smith with the Mortgage Centre. We’re doing Myth busting #2 here and another one I want to address is the myth that if you have 35% down you don’t even need a job. That is patently incorrect!

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Mythbusting Mortgages 1 – I Don’t Have to Prove Income

Friday, January 7th, 2011

Transcript of Video Blog:

Hi everybody! Rowan Smith with the Mortgage Centre. We’re doing a Myth-busting series here. I’m going to do a 10 part series that I’m going to release over the following weeks. So, I’m just going to address a number of different myths within finance and real estate.

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