I'd make appointments with a couple local banks and credit unions and go over your situation to see what they can approve you for.

Hey everyone, We're looking for some recommendations for doing credit and background checks in Canada.

We asked for bank statements showing deposits, and while there is definitely more than she is reporting, it didn't make the 3x rent number.Her credit score is 700+.

Yes definitely will be able to get better terms... subsequent deal I've shopped around more for and had the time to apply to all of the local credit unioins etc.. so think I found someone now that will do 80% ltv on a 25 year am which is about as good as it's going to get. 

A couple of advantages I have going for me are a good credit rating and access to my HELOC.Thanks all.

*Reposting on the Maryland forum*Hi all,I am looking to get a HELOC on my primary to expand my rental portfolio and I came across Andrews Federal Credit Union with the following terms (property is in CA):The contact said they can go as high as 100% LTV after approval of appraisal ($450).

The most she can pay is around $600/mo so my contribution is around $250/mo over the last 4 years.I just finished setting up a line of credit for $125K and I'm lucky enough to live in St Louis where I can find positive cash flowing properties.

Great credit and reserves.

I was searching for foreclosures/preforeclosures and I found a relatively cheap/"the numbers worked"I do not have a credit or capital currently and FRANKLY, I DON"T WANT TO START OFF IN A "F-" NEIGHBORHOOD SINCE I DON"T WANT TO DIE OR ALMOST DIE every time I COLLECT RENT!!!!!!

, and we have great credit.