Mortgages:101

In Conjunction With

Attainable Homes CalgaryQualifying Criteria:Household Income Less than $80,000

Down Payment of $2,000 of your own money

Able to qualify for Mortgage

Assets are less than $100,000 (some exemptions)

Your attainable home will be your permanent sole residence

Participate in home education session

Non-Profit Organization owned by the City of Calgary

Proof of Income:

Copy of your two most recent pay stubs (if on

salary).

Required Financial Information

Self Employment Income

Tips

Commissions

Some Other Types of Income

Down Payment: Gift, Bank

Statements, RRSP, Sale of

Assets or Inheritance

How much you can afford?

Pre-Approval Process

Home Inspection FeesLegal FeesClosing or Adjustment CostsProperty and Fire InsuranceMortgage InsuranceAppraisal Fees

Preparing for other expenses:

Credit Bureau Tips•Apply for credit only when necessary

•Keep payments up to date

•One phone call and the rest is taken care of, at no cost to you.

•Your Mortgage – Your way!

Why Use A Mortgage Broker?

Make Homeownership Happen

Available to discuss options and information at your convenience.

Jason EldridgeMortgage Specialist

403-630-1718