What are my options if I can’t get a conventional mortgage?
I would really like to buy a house, but I am worried that I won’t qualify for any conventional mortgage Toronto banks offer. I have a relatively large amount of debt compared to the amount of money I make, and I just don’t know if they will be willing to lend me more money, even if the mortgage payment would be the same as the amount I am paying for rent currently. What are my options if I don’t qualify for a conventional mortgage? I would really love to have some more information on other courses I could take in order to purchase a home.
