Are you searching for a home with a basement suite to use as a mortgage helper? Did you know that you can use the income from a secondary suite to qualify for a more expensive home? Lenders often include a portion of the projected rental income from a legal, self-contained suite in your overall income to determine your debt service ratio, potentially allowing you to borrow more.
Wanting to find out more? Contact Terry Today, I can start sending you properties with legalized suites the same day.
Terry Edwardson- Realtor ®
The Real Estate Company
403-830-6920
www.calgarydreamhomes.ca