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- Joined: Mon Apr 09, 2007 1:26 am
- Location: Alberta, Canada
I read in the newspapers that there will be about 50+ in that class. it's going to be the last recruit class for EPS this year 2007.
EPS is also employing a new patrol policing model (it actually already started) because of the city's growth and the addition of a new southeast division station. check it out on their website as well as some of the business plans slated for 2008.
as far as housing, you bet that most people I talk to about this (friends and family) say it's really "ridiculous." not that I am discouraging you.. but that's reality. home equities for owners has gone up in the last couple of years, increasing these people's personal net worth. with a salary of about minimum 47 K a year for a 5th class constable pay (and of course incremental increases every year) , i am pretty sure you can get qualified for a mortgage of say 350 K (having a spouse or partner, with a dual income in the same household will also increase likelihood of approval). i suggest hire a real estate agent to help you in this aspect... but overall with the income you'll get, it's not far fetched.
good luck and welcome to Edmonton, man!
It all depends on the mortgage broker and the bank you deal with. In BC my family applied for a mortgage with CIBC against the equity of our house and they approved us for only 165,000. So we went to Royal bank and got approved for 255,000. So the huge difference there.
Shop around and you will find a broker that will get you a decent mortgage.
I am looking to rent for first few months while in training and then buy a house once I finish my training.