+1(514) 937-9445 or Toll-free (Canada & US) +1 (888) 947-9445

Does a bounced Home Loan EMI will have any impact on my application?

Rajatsharma2304

Full Member
Aug 30, 2018
40
7
I have 1 bounced home loan EMI recently. Will it have any impact on my evaluation? I haven't submitted my application yet but my total score is above the cutoff trend over last 1 year. So I am hopeful that once I submit the application, I will get the invite in the next draw. Should I wait for next 3-4 months so that bounced EMI doesn't reflect in my last 6 months statement after I get the invite?

Anyone with similar experience?