I assume that mortgage lenders can no longer see my aunt's bankruptcy (that my aunt's credit reports do not show) because it is past 7 years.
Now responsibly using 2 Credit Cards, my aunt accepts that mortgage lenders prefer at least 2 years of clean credit and 2 Lines of Credit. My aunt is renting and must move, but prefers and can now afford a mortgage.
Even if the Consumer Proposal can be seen by mortgage lenders until Jan. 2018, should my aunt try: to apply for (1) an affordable mortgage now and (2) to seek an interest rate < 4%?
Or is (1), (2) so unlikely for her that she should not even try? If so, she will find somewhere to rent and forget about a mortgage until Jan. 2017. Thank you.