Canadian Mortgage with American Income, 2025

Yes, that headline is true!!

August 15, 2025

We finally have an “A lender” in the Canadian mortgage broker space that will allow a buyer’s USA/ American income to be used.

Quick summary of the details.

  • 30% down
  • 80% of USA salary to be used, income based on USA tax docs
  • Almost any standard residential property in Canada
  • “A lender,” at A rates, no lender fee, no broker fee, underwritten the same as all Canadian mortgages
  • No funny business here. This is a normal mortgage, that you would want. The same as what expect from any of the Big-6 banks in Canada.

For more data or to ask about a deal, contact Mortgage Mark Herman, on his cell phone. He usually answers his own phone; from 9 am to 9 pm MST daily. Read More

Canadian Residential Market Update

The Canadian economy continues to keep policymakers at the Bank of Canada guessing.  The key contributor to the quandary continues to be U.S. tariffs, and that puzzle has just become even more complicated.

Fixed rates are slowly rising due to Trump’s inflationary policies and we see that continuing until tariffs are sorted out.
In the mean time, now is a great time to buy as inventory is high and rates are only .4% above where they were before Covid.
Mortgage Mark Herman, Top Calgary mortgage broker specializing in 1st time buyers.
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BMO & CIBC: Not on list of Top-11 banks in Canada

Wow hey??

Who would guess that 2 of Big-6 banks that millions of Canadians “think they have a financial relationship with” did not even make the list of the Top-11 banks in Canada.

It is surprising the amount of customers that call us looking to “beat their bank’s mortgage rate” when they should be looking at if they should even be doing mortgage business at their main personal bank.  Read More