' i, P/ E8 [' B! s# p
用老杨网上计算器敲了一下:没有车贷,学生贷款,信用卡欠款,需要家庭收入$53800 (假设首付4万,你信用分达到685)方可批下来,买30万价格的房子。小信用社的房贷利息不低的,他们的人也要吃饭,股东也要回报。再说90%LTV的房贷,小银行不愿意碰。我试问过,一年利息约4.9%,小额贷款公司,年利息达10%,房子同样作抵押的。
% d+ f3 U3 [! `( Vof course, it is almost the biggest purchase in people's whole life, it is not impulse purchase. Some broker must have the integrity.
/ Z1 u7 X: o7 b7 }9 R' `
Not on a 10% down payment mortgage. If 35% or more, that is a different story. 8 k ~" U7 z' b$ @* `; [4 [* H% z; B: F$ J+ }
4% vs. 2.59% for 5 year qualifying on 25 year amortization, his income has to increase 54% to qualify on the same note 4/2.59 = 1.5444 Will that make sense. Small credit union also need to observe the rule of lending, either CMHC, Genworth or CG.