Sentences with phrase «qualifying rate equal»

The new guidelines now require federally regulated financial institutions to vet applicants for uninsured mortgages by using a minimum qualifying rate equal to the greater of the Bank of Canada's five - year benchmark rate (currently 4.89 %) or their contractual rate plus 2 percentage points.

The guideline requires federally regulated financial institutions to vet applicants for all uninsured mortgages using a minimum qualifying rate equal to or greater than the five - year benchmark rate published by the Bank of Canada or their contractual mortgage rate plus two percentage points.

Not exact matches

Add in all the perks of producing at home — such as eliminating exchange rate uncertainty, lower chances of supply chain disruptions, a more plentiful supply of qualified labour and the synergies that develop when the R&D guys can easily chat with factory floor employees — and the overall costs of building a new factory in the U.S. or China are roughly equal.

Two bidders on a house will have roughly equal chances to qualify for the exact same loan amount if they have the same rating, work history, DTI, and LTV ratios — and one happens to have foreclosed on a property in the past.

You qualify for the advocate rate for the statewide Equal Justice University conference where you can earn up to 15 hours in CLE credit

Not all insurance companies are created equal though; one of the life insurance companies that we work with is able to offer Preferred and occasionally Preferred Best rates immediately after giving birth assuming you qualify otherwise and assuming the gestational diabetes resolved after birth.

The maximum premiums are set by the IRS guidelines such that the premiums paid within a seven - year period after a qualifying event (such as purchase or death benefit increase), grown at a 6 % rate, and using the maximum guaranteed costs of insurance in the policy contract, would endow the policy at age 100 (i.e. the cash value would equal the death benefit).

If your usage level is less or equal to twice a month then you may still qualify for «non-smoker» rates.

If, for the three to five years before the relevant date, the yearly average is greater than or equal to 39, the person qualifies for maximum rate pension

If I made a down payment of 20 %, I would probably qualify for lower interest rate than somebody with a down payment of 5 % — with all other things being equal.