Tuesday, December 17, 2013

Question: Can you use Child Tax Benefits on my mortgage application?

Many Canadian families receive Canada Child Tax Benefit and/or Universal Child Care Benefit. Both benefits are sources of income, but only a few banks or lenders see it that way.

If you receive a child tax benefit and need to use that income on your mortgage application to qualify, we have several great mainstream lenders who will accept these benefits.

It's great to have options!