English to French Bus/Financial Finance (general)

Morgage insurance Canada

Income
We see this as a total for each borrower.
Please use the notes to indicate multiple sources of income and how the income was calculated (2-year NOA/T4 average, guaranteed hours, over-time, rent, etc.)
Provide additional commentary on any income exceptions and/or rationale, or calculation of income used.
Liabilities
Although you have the ability to indicate exclusion of debt, Canada Guaranty only sees the total amount of debt included in ratios.
Both Equifax and TransUnion credit bureaus are reviewed and used to rebuild liabilities and payments.
It is helpful to identify when debt is being paid out or excluded from the ratios.