Mortgage stress test
Apr 19th 2018, 12:21 am
#16
Forum Regular
Joined: May 2016
Posts: 129
Re: Mortgage stress test
A 40 minute drive from me, is Windsor Ontario.
House prices are cheap by comparison to BC.
There was an article in the paper today about local employers being desperate to find employees at all skill levels.
Why would anyone want to eke out a basic living in Vancouver when different parts of Canada have so much more to offer?
Windsor has an international (although small) airport (YQG)
Think about it.
House prices are cheap by comparison to BC.
There was an article in the paper today about local employers being desperate to find employees at all skill levels.
Why would anyone want to eke out a basic living in Vancouver when different parts of Canada have so much more to offer?
Windsor has an international (although small) airport (YQG)
Think about it.
Apr 19th 2018, 2:00 pm
#17
Resident Maple Leaf Lush
Joined: Oct 2008
Posts: 1,745
Re: Mortgage stress test
Not the same here. https://homeownersoon.com/rent-to-own-in-ontario
What rent to own means?
When you buy your home under a rent to own purchase program, you pay a monthly rent, and a part of this rent is credited as the down payment for your house purchase when you buy the home at some point in the future. This is a simple concept which allows you to own the house you desire, despite having a poor credit rating, or insufficient money for down payment. In a Rent to Own Program in Ontario, you get the opportunity to accumulate your down payment while you live in the house you desire to own. Rent to own a home in Ontario program is designed as a proactive step which allows you to have a home despite hurdles you may face from a Bank, from having Bad Credit or lack of Down Payment.
What rent to own means?
When you buy your home under a rent to own purchase program, you pay a monthly rent, and a part of this rent is credited as the down payment for your house purchase when you buy the home at some point in the future. This is a simple concept which allows you to own the house you desire, despite having a poor credit rating, or insufficient money for down payment. In a Rent to Own Program in Ontario, you get the opportunity to accumulate your down payment while you live in the house you desire to own. Rent to own a home in Ontario program is designed as a proactive step which allows you to have a home despite hurdles you may face from a Bank, from having Bad Credit or lack of Down Payment.
Apr 19th 2018, 3:29 pm
#18
Account Closed
Thread Starter
Joined: Jan 2006
Posts: 0
Re: Mortgage stress test
A 40 minute drive from me, is Windsor Ontario.
House prices are cheap by comparison to BC.
There was an article in the paper today about local employers being desperate to find employees at all skill levels.
Why would anyone want to eke out a basic living in Vancouver when different parts of Canada have so much more to offer?
Windsor has an international (although small) airport (YQG)
Think about it.
House prices are cheap by comparison to BC.
There was an article in the paper today about local employers being desperate to find employees at all skill levels.
Why would anyone want to eke out a basic living in Vancouver when different parts of Canada have so much more to offer?
Windsor has an international (although small) airport (YQG)
Think about it.
I don't have the earning power to support 2 people and there is no way to apply or even find out if one would get approved for disability in another province in advance, you have to move there first.
Moving isn't as simple when there are healthcare and disability involved and when disability benefits don't travel province to province, those with a disability tend to get tied to the province they are in at the time if their disability.
When health issue and disability is in the picture it complicates being able to move to a new province.
Apr 19th 2018, 5:08 pm
#19
Banned
Joined: Apr 2009
Location: SW Ontario
Posts: 19,879
Re: Mortgage stress test
https://www.mcss.gov.on.ca/en/mcss/p...ly_online.aspx
Ontario Disability Support Program can help you with the cost of food and housing if you have a disability and are in financial need.
Note: The online application will only tell you if you may qualify financially for this program. There are other steps you will need to take to see if you qualify medically.
and https://www.ontario.ca/laws/statute/97o25b#BK4
Ontario Disability Support Program can help you with the cost of food and housing if you have a disability and are in financial need.
Note: The online application will only tell you if you may qualify financially for this program. There are other steps you will need to take to see if you qualify medically.
and https://www.ontario.ca/laws/statute/97o25b#BK4
Last edited by Siouxie; Apr 19th 2018 at 5:11 pm.
