How much house can we afford as a couple? with Helen Gonda Associate Mortgage Broker in Nova Scotia скачать в хорошем качестве

How much house can we afford as a couple? with Helen Gonda Associate Mortgage Broker in Nova Scotia

Buying a House as a Couple in Canada: Hidden Secrets to Approval 🏠🇨🇦 Does having more people on a mortgage application always mean a higher approval? The answer might surprise you. If you are planning to buy a house in Canada with your partner, choosing the wrong applicant strategy could lead to a rejection, even if you have a high household income. In this fourth episode of How Much Mortgage, we sit down with Helen Gonda to break down the "Couple’s Paradox." We explore real-world scenarios: what happens when one partner has the income but bad credit, and the other has perfect credit but low income? Understanding how to leverage each other's strengths is the key to mastering current mortgage rates and securing your home. In this episode, we discuss: The Application Myth: Why adding a second person with bad credit can actually disqualify you from prime lenders. Credit vs. Income: How lenders weigh one partner's debt against the other's earning power. Strategic Borrowing: When it makes sense to leave a spouse off the mortgage to get a better deal. Wealth Protection: Why your strategy needs to be reassessed every few years as federal tax and inheritance rules change. The Power of the Team: Why you need a "Wealth Squad" (Broker, Financial Advisor, Accountant, and Lawyer) to build a true Authority Asset. Don't let a past credit mistake stop your family's future. Learn how to navigate the Canadian mortgage system as a team and build long-term equity. Subscribe to join the conversation with top Mortgage and Real Estate professionals. Watch the rest of the series: How Much Mortgage: What Lenders Actually Look At (Credit & Income Secrets)    • How Much Mortgage: What Lenders Actually L...   How Much Mortgage: What Lenders Actually Look At (Credit & Income Secrets)    • How Much Mortgage: What Lenders Actually L...   How Much Down Payment Do You Really Need to Buy a House in Canada?    • How Much Down Payment Do I REALLY Need? 5%...   — Legal Disclaimer: How Much Mortgage is an educational and interview-based platform. The content provided in our videos, including interviews with real estate and mortgage professionals, is for informational and entertainment purposes only. It does not constitute professional financial, investment, or legal advice. Every individual's financial situation is unique. We strongly recommend that you consult with a licensed professional (Mortgage Broker, Realtor, or Financial Advisor) for an accurate evaluation tailored to your specific circumstances before making any financial decisions. How Much Mortgage and its creators are not responsible for any actions taken based on the information provided in this channel.