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  • MORTGAGE CHANGES ARE COMING—ARE YOU PREPARED?

    Jencor Mortgage    |    Sep 21, 2017

    Categories: calgary real estate , Fixed Mortgages , Lending Requirements , Mortgage , Mortgage Changes , Mortgage Companies , Mortgage Rates , Mortgage Renewal , Rates , real estate news

    We know – more changes?! How can that be! With this ever-changing landscape, mortgages continue to get more complicated. This next round of changes is predicted to take affect this coming October 2017 (date not yet available). These new rules contain three possible changes, the most prominent being the implementation of a stress test for all uninsured mortgages (those with a down payment of more than 20%). Under current banking rules, only insured mortgages, variable rates and fixed mortgages less than five years must be qualified at a higher rate. That rate, of course, is the Bank of Canada’s posted…

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  • MORTGAGE CHANGES ARE COMING—ARE YOU PREPARED?
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Jencor Mortgage Corporation
Copyright © 2023
Privacy  | Sitemap
Lic# 12354
commercial mortgage calgary
Powered By Webware.io
  • Apply Now For A Mortgage
  • Home
  • Getting Started
    • Getting Started
    • First Time Home Buyer
    • Buying A New Home
    • Renew Your Mortgage
    • Refinance Your Property
    • Commercial Loans
    • Construction Loans
  • find a mortgage broker
  • Mortgage Tools
    • Mortgage Tools
    • Online Application
    • Mortgage Checklists
      • Mortgage Checklists
      • Purchasing
      • Refinancing
      • Investment Property Purchase
      • Investment Property Refinance
    • mortgage calculators
    • mortgage glossary
  • About Us
    • About Us
    • mortgage rates
    • Client Testimonials
    • Preferred Partners Program
    • FAQ
    • Preferred Realtors
    • Prefered Lenders
    • How We Help
  • Blog
  • Contact
    • Contact
    • our office
    • mortgage careers
    • Our Leadership Team