Quote:
Originally Posted by MJK
Just to clarify:
I took out a mortgage for 200K last Aug.
I just talked to my RBC guy who tells me I can get the 300K mortgage
He says CMHC is the obstacle becuase they want 10% (30,000) which I don't have sitting in my account right now becuase I pay off other things very heavily like my Jeep.
Borrowing the funds and paying mortgages is not a problem, its getting the $30,000 right now for the downpayment.
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Just whore out Flames_gimp for some extra cash. Tell him he can use kitchen utensils and boom.. watch the money roll in.