Alternative Approval on a $1.3 Million Purchase in Richmond Hill, ON!
This week we are taking a look at an XMC loan approval of over 1.3 Million dollars!
These borrowers are two professionals with full-time salaried jobs and long tenures – making this a quick yes for us!
With stable income, excellent credit, and a very marketable property, we were able to approve this deal at 80% LTV and a 3.14% Interest Rate!
In addition, these clients will receive 1 full year of FREE Home System Warranty!
- 807 Beacon
- 35-year Amortization
- Deal Approved at 80% LTV
- 1 Year Closed
- FREE Home System Warranty for the full 1 year!
- GDS/TDS: 46.37%/ 49.85%
- Applicant 1: 807
- Applicant 2: 801
- Full-time; permanent; Manager; Tenure – 4 years
- Full-time; permanent; Professional; Tenure > 1 year
- Owner Occupied
- Richmond Hill, ON
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