Rental Properties

Banks can be very strict when deciding whether or not to finance a rental property. Most banks will only account for 50% of your rental income when qualifying you for your home. The large range of lenders we deal with have various different methods for calculating rental income. Some will accept up to 100% of your rental income, or only include 50% of your strata costs, etc. Working with a team who can help you find a lender who will maximize your rental income to help you qualify for the rental property you really want is extremely important.

Contact the SharieMarieMortgageTeam today to discuss your rental options.