• Holiday Charity Referral Program

    Jencor Mortgage    |   

    Categories: accredited mortgage professional , Broker , calgary real estate , Dominion Lending Centres News , First Time Home Buyer Mortgage , Fixed Rate , Jencor , Jencor Mortgage , lender , Lending , Mortgage

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      We are so grateful for every referral you give us. To show our thanks for your trust and kind words, we want to give the gift of supporting your local food bank this holiday season! From December 1, 2022 to January 31, 2023 anyone who refers their family and friends to Jencor will be entered to receive a $500 donation to the Calgary Food Bank or the registered Canadian food bank of their choice. How it Works When we receive a call or email from a new client, we will ask who sent them our way. The referrer’s name will then be entered…

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  • Stricter OSFI rules on mortgage lending 'will do more harm than good': Fraser Institute

    Jencor Mortgage    |   

    Categories: Garry Marr , Lending , Mortgage , OSFI , The Financial post

    Fraser Institute doesn't believe the changes are necessary and says another key result could be a less competitive mortgage industry   Add another group to the growing list of organizations trying to convince the federal banking regulator to back down from its plan to tighten the reins on consumers borrowing with low ratio loans. The Fraser Institute said Wednesday the changes to consumers with 20 per cent down could make it harder for them to access mortgages, especially in higher-priced markets. Those buyers could turn to less regulated finance companies or perhaps turn to shorter, more volatile variable loans to meet qualification criteria. “The…

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