mortgage after consumer proposal
Hi,
We have filed for Consumer Proposal on 2007 and paid everything and discharged on December 2008.
We are working to re-establih our credit now, we have a secured visa and a master card that we are using and paying in full every month.
We have good jobs and good money now and we want to buy a house. How long after we`ve been discharged we can get approved for a mortgage?
Thanks,
Mariana
Posted from: Ontario
There is no set rule as so many things are considered when you apply for a mortgage.
The best thing to do is to ask these questions of your bank or potentially a mortgage broker.