Mortgagenomics Canada

Intro (pre-amble): up to 13:10 mark of podcast (Canada's post election promises; tax the flippers, ban the foreigners, eliminate blind bidding, and increase the minimum down payment cut-off to purchase a home | is China's Evergrande shrapnel Canada bound?)Ok, so this isn’t necessarily the 100-step procedure on how to get a mortgage if you are new to Canada, but these are a summary of the most common pain points...so other stuff like income qualification I’ve left out because the criteria for income is pretty much standard and kinda common sense. So, here the the key qualification criteria to be aware of (if you are new to Canada and want to purchase a property):Make sure your funds/cash are ready to be cashed. This is critical in two ways; (i) to ensure that the deposit to place a competitive offer is ready for swift movement during the offer stage, and  (ii) equally important but often problematic is that the funds are fully verified by the lender (which leads to my next point)