Re Mortgage with Adverse Credit
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Adverse Credit History - Adverse Credit History, also called sub-prime credit history, non-status credit history, impaired credit history, poor credit history and bad credit history, is a credit history that is judged as being adverse as the applicant has a history of unsatisfactory credit transactions. The term can apply to a corporate credit history but is more frequently used in relation to personal credit.
League Savings and Mortgage - League Savings and Mortgage is a credit union based in Halifax, Nova Scoita.
Credit risk management - Credit risk management is the process of finding risk in an investment, whether it be in mortgage-backed security or asset-backed security.
Stated Income, Verified Asset - Stated Income, Verified Asset (SIVA) is one of many Documentation Types which lenders may allow when underwriting a mortgage. SIVA doc types allow borrowers with fair to excellent credit to qualify for a mortgage with nothing but their liquid assets and by stating their monthly income without having it verified by the bank.
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