(October 18, 2019) Canadian Political Party Election promises – which party has it in for first time home buyers? And…isn’t down payment the easy part of mortgage qualification?
The following is discussed in this episode:
Key points:
which party’s housing affordability appeals to you most?
verifying the source of your down payment – what do the banks expect?
what if Bank of Mom & Dad contribute towards my down payment?
how long must you have ownership of your down payment proceeds before you move in?
money can be transferred into Canada from around the world (for mortgage down payment purposes) EXCEPT three countries
MarkoMusic tracks: (produced and performed my Marko)
the opening track features a piece called “TheThingAboutMoney” (acoustic and electric guitars, 5 piece acoustic drum kit, Latino Percussion, HandClapping, Chanting, Fender Precision Bass, vocals). Laid down three vocal tracks for the chanting, another three for the main vocals (2 tracks harmonizing and the third was a low bass note sustained on the last lyric of every verse). Wanted to add synthesizer for some ambience, but the guitars were recorded out of tune…just kept it all guitar as a result.
MarkoMusic (SoundCloud Account)…all podcast music tracks are performed and produced by Marko
Click Here to download Marko’s Mortgage App (information, rates, calculators, etc)
PODCAST: Canadian Election Housing Promises & Down Payment Challenges
Summary
(October 18, 2019) Canadian Political Party Election promises – which party has it in for first time home buyers? And…isn’t down payment the easy part of mortgage qualification?
The following is discussed in this episode:
Key points:
which party’s housing affordability appeals to you most?
verifying the source of your down payment – what do the banks expect?
what if Bank of Mom & Dad contribute towards my down payment?
how long must you have ownership of your down payment proceeds before you move in?
money can be transferred into Canada from around the world (for mortgage down payment purposes) EXCEPT three countries
MarkoMusic tracks: (produced and performed my Marko)
the opening track features a piece called “TheThingAboutMoney” (acoustic and electric guitars, 5 piece acoustic drum kit, Latino Percussion, HandClapping, Chanting, Fender Precision Bass, vocals). Laid down three vocal tracks for the chanting, another three for the main vocals (2 tracks harmonizing and the third was a low bass note sustained on the last lyric of every verse). Wanted to add synthesizer for some ambience, but the guitars were recorded out of tune…just kept it all guitar as a result.
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