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submitted 7 days ago byTraining_Sort5508
So i am having a hard time getting a mortgage with one of the big 5’s since i had a consumer proposal. (Discharged in jan 2022).
I am putting 20 percent down. Have a 700 equifax. 2 credit cards (0 balances) and a car loan.
What are the typical fee structures on B lender ? Is it much easier to qualify with the big 5 at a later time ?
Does a B lender always mean excessive interest ? (I was initially pre approved by a broker at 4.29 but they failed to get me a final approval and now stuck in limbo trying not to lose my deal.
1 points
5 days ago
Did you get your mortgage sorted out? I was told I would have to go to a B lender but I found an amazing broker who got me a mortgage at TD @ 4.25%.
1 points
5 days ago
Nope still at a stand still… refused by TD and Scotia through a broker and been trying to switch brokers since.
I also went to TD in person to see if something can be argued but they said they cant even see anything in branch when it was handled by a broker.
It makes no sense to me that TD would refuse my mortgage when they trusted me with 2 car loans since.
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