How do banks calculate whether you are eligible for a mortgage or not?

How do banks calculate whether you are eligible for a mortgage or not? The answer is easier and less complicated than many people seem to think. I’m answering from the perspective of mortgage lending in the U.S., specifically for “conforming” loans—those following Fannie Mae and Freddie Mac’s guidelines. Those two investors purchase the majority of … Read more

CANADA SCHOLARSHIP FOR STUDENTS

Scholarships in Canada Scholarships in Canada Securing scholarships to study abroad is an issue that most students want to know more about. Prospective applicants for studying abroad, especially in Canada, are looking for answers to numerous questions, some of them being ‘Where should I look for securing scholarships?’, or ‘Are there any organizations in India … Read more

GPA FOR MEDICAL SCHOOL SCHOLARSHIP

How much is the minimum GPA for an international student to get a full-ride scholarship in a medical school in Canada? There are almost no full scholarships for Canadians for medical school. None at all for international students. In fact, we have less than 20 spots a year for international medical students This is because … Read more