View Single Post
Old 07-23-2010, 09:59 AM  
IllTestYourGirls
Ah My Balls
 
IllTestYourGirls's Avatar
 
Industry Role:
Join Date: Feb 2007
Location: Under the gold leaf ICQ 388-454-421
Posts: 14,311
Quote:
Originally Posted by Elli View Post
You know what's interesting? I was just talking to a mortgage broker yesterday. She said that banks right now in CANADA are looking to lend mortgage loans to entrepeneurs. That old requirement that you have 3 - 5 years of tax forms to prove your income if you're self employed? They don't care any more. If you've got enough gumption to strike out on your own, the banks LOVE THAT and want to get you into a mortgage.

Now, call me crazy, but that sounds like Canada's own version of a subprime / nodoc/l lowdoc crisis.
Shit I just took out my first loan in 10 years (car loan) and they wanted to look up my ass and give them a DNA sample. I did get a good rate though. 2.95 on a used car.
__________________
IllTestYourGirls is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote