LeahCoss.ca "What is it that the banks are looking for when they're processing my application? When you ask me what my credit is or when you ask me what my income is, is that good or is that bad? What kind of bars and hoops do I have to jump through and over in order to get a mortgage from a bank at a good rate?" Well, there's five main criteria that banks look at when they're doing a mortgage. So I want to go through each of those five aspects, and let you know what it is that they're looking for. But, however, I will prelude this discussion with Each bank goes after different clients. Much like Lexus goes after different ones than Toyota, same with banks. Banks have boxes that you need to fit within, and that box is not going to fit everybody. And, for some people, they're squeezing in, which means they're not getting the best rates or the best products for their situation. Other people are getting great products and great things for their situation. But it's one of the benefits of going through a broker, you're able to have someone look at all of the lenders and just say, "Which one has the right product and box that we can fit you into easily, give you a good rate, and the perfect product based on your situation?" So, with that being said, here are the five things. Income is always going to be a big one. The reason that the banks want to know what your income is they want to know can you pay the debt back. They want their money back at the end of the day. And so ...



http://www.youtube.com/watch?v=WeWt7uhFMYI&hl=en

LeahCoss.ca "that banks, whether to process my application? If you ask me what my credit or if you ask me what my income is good or bad? What kind of bars and tires I have to go through and more to get a mortgage from a bank at a good price? "Well, there are five main criteria that banks face when they do a mortgage. Therefore, I would review each of these five aspects, and you know what you're looking forfor. But, but, I have this discussion with the previous games of each bank is assigned to different customers. Since Lexus is Toyota's different, the same thing with the banks. The banks have windows that you need to integrate, and that the field is not suitable for everyone. And for some people, narrow, which means they are not always the best price or the best product for your situation. Other people get great products and great things for your situation. But there is an advantagego through a broker, they can all borrowers to see someone and say simply: "What is the right product and field, which can easily adapt to give a good price, and perfect product in accordance with the situation" So, with this essence, here are five things. Admission is always great. The reason that banks want to know what they want to know your income, you can pay the debt. They want their money back at the end of the day. And then...



http://www.youtube.com/watch?v=WeWt7uhFMYI&hl=en

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