(May 24, 2019) There was a time when all you needed to verify your income was a pay stub and letter of employment. Times have changed.
The following is discussed in this episode:
Key points:
3 main things lenders zone in on when adjudicating your income for a mortgage qualification:
(i) Is your income taxed at source?
(ii) Is your employment and income guaranteed?
(iii) Employment Tenure
MarkoMusic tracks: (produced and performed my Marko)
the opening track features a piece called “BrokenRingFinger” (distorted guitars with Phaser effects, 4-part progressive harmony, upright studio bass, synthesizer effects, keyboard)
the closing track is from a past episode (Episode 4, Squamish Real Estate)…song is called, “EconomiesOfScale” (clean guitars, Mr.Rogers kind of feel with rare vocals from Marko…2 part harmony)
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: Proving Your Income for Mortgage Purposes
Summary
(May 24, 2019) There was a time when all you needed to verify your income was a pay stub and letter of employment. Times have changed.
The following is discussed in this episode:
Key points:
3 main things lenders zone in on when adjudicating your income for a mortgage qualification:
(i) Is your income taxed at source?
(ii) Is your employment and income guaranteed?
(iii) Employment Tenure
MarkoMusic tracks: (produced and performed my Marko)
the opening track features a piece called “BrokenRingFinger” (distorted guitars with Phaser effects, 4-part progressive harmony, upright studio bass, synthesizer effects, keyboard)
the closing track is from a past episode (Episode 4, Squamish Real Estate)…song is called, “EconomiesOfScale” (clean guitars, Mr.Rogers kind of feel with rare vocals from Marko…2 part harmony)
Home Financing Solutions is a franchise of The Mortgage Centre. Offices in Calgary and Vancouver. One Application, One Credit Check and access to Canada's top lenders.
