XMC Discover Real Deal | Same-day approval on investment property

Same-day approval on investment property
30-year amortization in Ottawa, ON

A new year and a new opportunity for a growing family investing in their future with the purchase of an additional investment property in Ottawa, ON.

The property, a townhome, is highly marketable and represents a strong strategic move forward for this family, enabled by an experienced mortgage broker!

Leveraging rental income along with Canadian Child Benefit income and excellent net worth, we approved this deal same-day at 80% LTV.

They will also receive a FULL year of Home System Warranty coverage!

Deal Highlights

  • 30-year amortization
  • 4.08%
  • Canadian Child Benefit
  • Deal approved at 80% LTV
  • 3-year closed

CREDIT

  • GDS/TDS: 2.98%/30.60%
  • Beacon score: 706, 682

EMPLOYMENT

  • Type: Permanent full-time; Professional
  • Tenure: 5 years

INCOME

  • CCB
  • Rental from the subject property and existing rental

PROPERTY

  • Occupancy: Rental Residence
  • Location: Ottawa, ON