Question 1

Will my CAF allowances count as qualifying income for a mortgage?

Accepted Answer

Yes — at most lenders. We choose lenders specifically for clients whose income includes recurring military allowances. Some count them at 100% and others discount them. Documentation needed is usually a recent LES and confirmation of recurrence.

Question 2

Can I get pre-approved for a mortgage before my official military posting message?

Accepted Answer

Often yes. If you have strong indication a posting is coming, we can issue a pre-approval based on current income, then update once the formal posting paperwork is issued.

Question 3

Does IRP/BGRS pay my mortgage closing costs?

Accepted Answer

Some, depending on move type and program rules. IRP typically covers reasonable real estate commissions, legal fees, and other relocation expenses up to certain limits. The mortgage interest itself isn't covered.

Question 4

Can I qualify for a mortgage on just a federal pension?

Accepted Answer

Yes. Federal pensions are treated as fully qualifying income by all major A-lenders. Your qualifying amount depends on pension size, other income, debts, and the property.

Question 5

What is the IRP and BGRS for military and RCMP relocations?

Accepted Answer

The Integrated Relocation Program (IRP), administered by Brookfield Global Relocation Services (BGRS), is the federal program that handles postings and transfers for CAF, RCMP, and DND members. It covers reasonable relocation expenses including real estate commissions and legal fees.

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