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Today: 17.01.2018 - 14:49:25
   Canada Mortgage Hub Discussion Board -> Mortgage Montreal -> Purchase house while on student loan in Montreal?
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octa

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Purchase house while on student loan in Montreal?
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Canadian mortgage rates
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panic28

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No, not possible. You don't have any independent income, such as having a paying JOB. All of the money that you have comes from Government sources, not employment. The taxpayers are supporting your life, right now. No mortgage company is going to lend you any money, unless you can show a stable, long term JOB.Jim B. Toronto.
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pate13

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Buying a house is serious business. You may afford the mortgage but not the expenses that comes with it like electricity, gas, food, maintenance... Usually whatever your mortgage, your expenses are twice that amount . Ex. Mortgage: $1200 + Expenses: $2400 = you need at least $3600 total income.
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