Anyone approved for a mortgage while still articling?

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Veröffentlich am: 28.11.2022, 12:21 Uhr
Hello,

I am wondering if anyone has had success in getting a mortgage from a bank while articling, on the assumption that your employement is stable - without the bank wanting to wait for proof that an associate position has been secured?

As a mature student with a family, I am looking to stop renting and get back into home ownership as soon as possible. I have public sector articles lined up that should result in a permanent position with about as much certainty as possible in this profession. It would be great if this could happen as soon as I start articling next year, rather than when I start the permanent position a year later... but don't want to get my hopes up.

I'm mostly wondering about Scotiabank, since I'm with them for the LOC, but would be interested to hear about other institutions as well.

Thanks!
Veröffentlich am: 28.11.2022, 15:17 Uhr
Thanks for the information.
Veröffentlich am: 05.12.2022, 10:51 Uhr
It's very difficult given the income verification. I had to order statements from ***** even though the credit account is 730 FICO and that is a crazy rating. I had to run around to all the banks and a broker to get the data and it wasn't without

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