Can you get a Mortgage While on MAT LEAVE?

By
Real Estate Agent with RE/MAX Realty Specialists Inc.,


Looking for a house in Toronto's competitive real estate market does not always time itself perfectly for your life's circumstances. Here is how you can get a Mortgage while on Maternity Leave.





I’m Nathalie Ng. I am the Money Chick- A mortgage agent who is licensed 2 give unbiased Mortgage advice.


I've heard  new-Moms,  now with a bigger family, cannot get a mortgage.


It all depends which lender they approach & whom they are talking to. Not all lenders will approve a mortgage to someone who is on maternity leave.


I know of a lady who is looking to move up to a bigger house, what she can do?


One of my clients  just gave birth to twins. They were looking to buy a property before she got pregnant, but the pregnancy came first. A month after giving birth, they informed me that they now have twins; that they really, had to move from their condo.


So I have good news for women who are on MAT LEAVE; worried that they could not get a mortgage.
We were able to determine their level of income and debts. As a licensed mortgage agent, I was able to identify a lender who would be willing to consider her situation.
Now, many months later, they have moved into a new house where the twins have their own room.


 Its Good to help families in need…. How can Clients Reach you?
They can reach me at 416-629-1818

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Topic:
Lending / Financial
Location:
Ontario York Region Toronto Humber Bay Shore
Groups:
RE/MAX Ontario-Atlantic
RE/MAX Active Rain Bloggers
Realtors®
VBloggers
Condo Specialists
Tags:
video
nathalie ng
david pylyp
newmarket
mississauga
etobicoke
toronto
refinance
pregnant
home buyers
maternity
mat leave

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Ambassador
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Lee & Pamela St. Peter
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Berkshire Hathaway HomeServices YSU Realty: (919) 645-2522

David & Nathalie, thanks for sharing your info for women on maternity leave.  Sometimes more rooms are just a plain necessity!!
Pamela

July 29, 2012 05:46 AM
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David Pylyp

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