If you do, then you are paying interest rates compared to someone who has negative credit rating.
Many people have turned to 80/20 to stabilize at 100 percent mortgage financing they need.
Similarly, the lender will want to ensure that you are credit worthy before they approve you the loan.
refinancing option is also available if the property is in a good location and is a good price.

The total cost of housing and long-term debt is the total monthly cost, which shall not exceed 41% of gross monthly income.

Your mortgage broker is essentially a vendor who sells mortgage loans to wholesale lenders.