Mortgage Requirements After Bankruptcy and Consumer Proposal: In Canada you must…
Mortgage Requirements After Bankruptcy and Consumer Proposal: In Canada you must be discharged from Bankruptcy or Consumer Proposal for 2 full years and have 1 year of clean re-established credit in the amount of approx $5000.00 (this can vary from lender to lender) to qualify for a mortgage with 5% down. You may get a discounted rate through a licensed Mortgage Agent if you meet all the requirements.
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