Welcome To CalgaryApartmentRentals.Info

This site will provide you a list of all Websites that we have found that list Apartments for Rent in Calgary Alberta and the surrounding area.

Please see the List Below

(If you know of any site that we have missed please e-mail us the link so we can add it)

   Why RENT when you may be able to PURCHASE your OWN HOME instead?

Wonder if you can qualify to purchase a home rather than rent.

Review the handy checklist below to see if you may qualify.

Review the rules and regulations that lenders require you to meet to qualify for a mortgage.

Downpayment:

1. The amount of money that the purchaser is required to pay towards the purchase price of the home
2. Downpayment may be gifted from a family member
3. If not gifted purchaser must prove the Downpayment is from their own sources
4. If a family member is willing to co-sign on the mortgage they may provide the downpayment.
5. Typically minimum Downpayment is 5% (as calculated in the Table)
6. Zero 0$ Downpayment purchases are still available if the buyer has a Very Good Credit Rating
7. The Interest rate and the payment amount is higher with a Zero down purchase

Credit Score:

Lenders, such as and credit card companies and banks, use credit scores to evaluate the potential risk posed by lending money to consumers and to mitigate losses. Lenders use credit scores to determine who qualifies for a loan, at what interest rate, and what credit limits.

1. As defined by Wikipedia:  A credit score is a numerical expression based on a statistical analysis of a person's credit files, to represent the credit worthiness of that person. A credit score is primarily based on credit report information typically sourced from credit bureaus.
2. A mortgage broker will be able to pull your Credit Report and will be able to interpret for you, to help you determine how much you will be able to borrow form the bank
3. The Credit bureaus will be able to also give you a copy of your credit report some will charge for it, buy by law them must show it to you once a year for free see www.Transunion.ca or www.equifax.ca

Current Income:

The Lenders will allow you to use up to 32% of your current monthly income to purchase a home 

Existing Debit:

The Lenders will allow you to use up to 40% of your income including your existing debit

Length at existing employment:

The lender is looking to make sure you have stable employment 

Possession date:

The possession time may be as short as 2 weeks on a vacant property or longer, it is negotiable with the seller when we submit an offer

Zero Downpayment:

Keep in mind with a good credit score you may be able to purchase with no money down. Note the Interest rate will be higher, because the mortgage payment must recapture the 5% Downpayment that is required on any CMHC purchase

Hints:

Please click the typical properties tab in the table to see if you like any of the properties that are currently for sale

Glen Godlonton never charges a buyer to help them purchase a MLS listed property. All commissions are paid by the Seller of the property

Now what?  If you think you can qualify to purchase a home instead of renting or if you would just like more information on purchaseing a home.

Please E-mail Glen@Godlonton.com your housing requirements.

If you would like to complete an Actual Mortgage Application Click Here to complete a secure Mortgage application with a licensed mortgage agent that Glen works with.

Glen Godlonton and Re/Max Realty Professional offer an exclusive program called BUYERS BUNDLE where we can bundle your Real Estate purchase, Mortgage, Legal fees, and Home Insurance in a package that will allow you to save over a $1,000. On the package

If you are not able to currently purchase a home, good luck finding your next rental. Please save for the downpayment, and keep your credit under control !

Calgary Rental Apartment Websites