Step 1 of 4 - Calculate my Savings
Step 2 of 4 - My Loan to Value Ratio
Multiple property owners, please call.
Step 3 of 4 - My Total Debt Ratio
Add each person's income from Line 150 of income tax return or Notice of Assessment, = total Family Income.
Step 4 of 4 - Our Credit Scores
The final step is to see what your credit scores are. Both you and your spouse are looking for a minimum 650 credit score. Choose the report option that includes your FICO credit score, so you can see what the banks see. Go here to get it => Equifax Credit Report or Trans Union.
The simple Debt Calculator is provided as a courtesy from CMC Automated Mortgage Corp., for you to find out, if you qualify.
If you wish to apply for these savings shown in Step 1 above, you can fill in this => form and fax it to us, or simply give us a call at 250 489 9236, without obligation.
CMC Automated Mortgage Corp.
250 489 9236 Direct Phone
250 426 1888 Confidential Fax
More than 15,000 happy clients since 1975
This calculator is different from others. Using financial ratios from banks - you can find out if you qualify FOR THE SAVINGS CALCULATED - in a few minutes - without having to make any appointments. No personal information is required or stored.
Enter minimum monthly payments and corresponding balances from your most recent statements. Subtotalled balances and payments representing a number of accounts, can be entered on one line. Step 3 NEEDS CALCULATIONS FROM Step 2, and Step 2 needs calculations from Step 1, if applicable.
- Information to help you understand financial choices
- Tax Deductible, Reverse and Jumbo Mortgages
- Lines of Credit
- Widest variety of mortgage products