Why CMHC's Upcoming Mortgage Application Changes Will Have Little Effect

Author: External Author | | Categories: First Time Home Buyer Mortgage, Mortgage Calculator, Mortgage Rates, Private Equity Investors, Private Mortgage Lending, Refinance Mortgage, Reverse Mortgage, Royal Canadian Legion, Self Employed Mortgage

Mortgage Broker Bradford

"Simply put, the new rules aren’t a game-changer,” says Jerome Trail, owner and broker of record at The Mortgage Trail.

The rules Trail is talking about are the newly released changes the Canadian Mortgage Housing Corporation (CMHC) is making to its underwriting policies for insured mortgages. 

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Original Article Source Credits: Toronto Storeys , https://torontostoreys.com/

Article Written By : Toronto Storeys

Original Article Posted on : June 26, 2020

Link to Original Article:  https://torontostoreys.com/cmhc-mortgage-application-changes-no-effect/



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