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2. Financial Consumer Agency of Canada - Wikipedia

   en.wikipedia.org/wiki/Financial_Consumer_Agency...

   the Trust and Loan Companies Act [5] the Cooperative Credit Associations Act [6] the Green Shield Canada Act; the Payment Card Networks Act [2] the Financial Consumer Agency of Canada Act. [1] In cases of contravention or non-compliance with legislation, FCAC notifies the federally regulated financial entity of a violation.

3. Mortgage calculator - Wikipedia

   en.wikipedia.org/wiki/Mortgage_calculator

   Mortgage calculators are used by consumers to determine monthly repayments, and by mortgage providers to determine the financial suitability of a home loan applicant. [2] Mortgage calculators are frequently on for-profit websites, though the Consumer Financial Protection Bureau has launched its own public mortgage calculator.

4. How to get preapproved for a mortgage - AOL

   www.aol.com/finance/preapproved-mortgage...

   Even with preapproval, the process of getting approved for a mortgage might take several weeks, as the lender reviews your finances and the home as well, conducting an appraisal to determine its ...

5. What’s the Difference Between Being Prequalified and ... - AOL

   www.aol.com/difference-between-being-pre...

   A preapproval will also come with a letter, but this time there will be a lot more detail, like your specific loan amount and interest rate, which will allow you to get a firm estimate of your ...

6. Guide to first-time homebuyer loans and programs - AOL

   www.aol.com/finance/guide-first-time-homebuyer...

   FHA loan: Insured by the Federal Housing Administration, FHA loans allow you to buy a home with a minimum credit score of 580 and as little as 3.5 percent down, or a credit score as low as 500 ...

7. Canada Mortgage and Housing Corporation - Wikipedia

   en.wikipedia.org/wiki/Canada_Mortgage_and...

   In 1954, the Government expanded the National Housing Act to allow chartered banks to enter the NHA lending field. CMHC introduced mortgage loan insurance, taking on mortgage risks with a 25% down payment, making home ownership more accessible to Canadians. [4] [14] [20] The banks thereafter began to issue mortgage loans with CMHC underwriting.