Tag: mortgage qualifying

5 Questions to Ask About Closing Details When Buying a Home

Any/all property transfer tax exemptions are subject to meeting all the requirements set out by the Government of B.C., and it’s best to confirm eligibility with either the Government of B.C. and/or a solicitor of your choosing The Auxilium Team offers a complimentary consultation to start your home buying process; contact us today at 250-590-6520

The Mortgage Stress Test: What Can You Afford in Victoria, BC?

If the thought of passing the mortgage stress test is bringing back memories of sweating through high school exams, you’re not alone. The government originally introduced a minimum qualifying rate in 2016 to ensure that borrowers would be able to afford their homes even if interest rates rise, incomes change, or families are faced with