Dan Ahlstrand and Clinton Wilkins are joined by Mario Cloutier of Manulife to discuss the importance of risk insurance for home additions, creditor insurance, and the importance of financial literacy.
Income sources for your mortgage approval
There are many different types of income sources that are acceptable for mortgage approval!
Watch the video to find out what sources you can use!
Don’t feel like watching? You can read the video transcript below.
Transcript:
” There are many different sources of income that are acceptable for mortgage approval. The traditional sources of income verification are employed, self-employed (verifiable), and pension income. Additionally, a non-traditional income source can be investment income, income from support payments, or insurance payments.”
You can find more information in our blog section, as well as more videos.
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