Almas associates
2 county court blvd, suite 400 L6W 3W8 Brampton, ON, Canada

Confidence and Intelligence will never stop being beautiful. #diwalivibes#2020#confidence#intelligence#blessed#commercialmortgagebroker#brokerlife#bossstatus#livelovelife#

The biggest adventure you can take is to live the life of your dreams. #livelovelife#smilemore#picoftheday#dreamsdocometrue#bossstatus#commercialrealestate#commercialmortgagebroker#

I think the most important thing a woman can have next to her talent, Of course is her talented hairdresser @salon_hratch Thank you for a beautiful look. #talent#hairstyles#falllook#believeinyourself#picoftheday#blessed#bossstatus#commercialrealestate#mortgagebrokerlife#falllook2020# @salon_hratch

CMHC NEW CHANGES EFFECTIVE JULY 1st. CMHC is making some changes to their underwriting guidelines given the current environment to mitigate tax payer and government risk in the housing market effect July 1st: Limiting the Gross/Total Debt Servicing (GDS/TDS) ratios to our standard requirements of 35/42;... Establish minimum credit score of 680 for at least one borrower; Now on the good side they have eliminated the minimum 600 Beacon score for the secondary applicant Non-traditional sources of down payment that increase indebtedness will no longer be treated as equity for insurance purposes. Refinances on commercial, multi unit residential properties the proceeds must now be used for betterment/improvement/repair of the subject property or for the purchase of another rental property. COVID-19 has exposed long-standing vulnerabilities in our financial markets, and we must act now to protect the economic futures of Canadians, said Evan Siddall, CMHC’s President and CEO. These actions will protect home buyers, reduce government and taxpayer risk and support the stability of housing markets while curtailing excessive demand and unsustainable house price growth. See more

The will to change. The will to win. The desire to succeed. The urge to reach your full potential....These are all the keys that will unlock the door to personal excellence. #successmindset#mindovermatter#keystosuccess#change#win#desiretoinspire#livelovelaugh#residentialcommercialrealestate# commercialmortgagebroker#fitmom#bossstatus#gymlife#pictureoftheday#

My advise to all my clients is to contact your Financial Institution and make inquiries on payment deferral option. Every bank will have a different procedure. I encourage you to ask as much questions as you can before proceeding.