Blog tagged as Lender Guidelines

OSFI is removing the stress test for uninsured mortgage switches on Nov. 21, making it easier for borrowers to shop lenders and secure more competitive renewal rates.

A bridge loan helps you buy your new home before your current one sells by temporarily advancing your down payment. Learn how it works, costs, and key requirements.

Self‑employed borrowers face unique income challenges. Learn how lenders assess BFS income, required documents, down payment rules, and the programs available to help you qualify.

Mortgage brokers are paid by lenders through finder’s fees, bonuses, or trailer fees, while alternative and private files may include broker fees. Learn how compensation works.

Porting lets you transfer your existing mortgage—and its rate—to a new property. Learn how ports work, lender rules, benefits, and the pros and cons.