Ownest Blog

Meet the Team – Ray Yip, CTO

We’d like to introduce you to some of the great people who work behind the scenes at Ownest. We recently spoke to Ray Yip, Chief Technology Officer. Tell us about your role at Ownest. I joined Ownest in May 2019. I call myself a technologist. My job is to understand the vision of the company ...Read More>

Ownest UpdatesTechnology

The Five Cs of Credit and Why It Matters

What Are the Five Cs of Credit? The five Cs of credit is a set of criteria used by lenders to gauge the creditworthiness of potential borrowers. This type of approach weighs five different characteristics of potential borrowers and conditions of the loan, to help predict the chance of potential default and overall risk or ...Read More>


New CMHC Lending Criteria

    On June 4, 2020, CMHC announced changes to their underwriting criteria, which will impact sales in some parts of the new home sector. How does this affect home builders, realtors, mortgage brokers – and home buyers? What are the changes? Credit score requirement increasing from 600 to 680 Beacon; Flex down mortgages are ...Read More>