The maximum amortization period has gradually declined from forty years prior to 2008 to two-and-a-half decades currently. Many mortgages feature подробнее ...

Mortgage Income Verification substantiates total personal financial qualifications beyond standard employment including additional revenue streams. First-time buyers purchasing homes under подробнее ...

Mortgage brokers access specialty products like private or collateral charge mortgages. The OSFI mortgage stress test ensures home buyers are подробнее ...

First-time home buyers with less than a 20% down payment are required to purchase home loan insurance from CMHC or подробнее ...

New mortgage rules in 2018 require stress testing to exhibit ability to cover much higher mortgage rates than contracted. The подробнее ...

Online mortgage calculators allow buyers to estimate costs for several rate, term and amortization options. Lenders may allow transferring home подробнее ...

The land transfer tax over a $700,000 residence is $21,475 in Toronto but only $1750 in Calgary, showing large provincial подробнее ...

The CMHC provides tools, insurance and advice to educate and assist prospective first time homeowners. First-time homeowners should research rebates подробнее ...

Foreign non-resident investors face greater restrictions and higher downpayment requirements for Canadian mortgages. Second mortgages have higher rates given their подробнее ...

The maximum LTV ratio allowed on CMHC insured mortgages is 95%, permitting the absolute minimum 5% down payment. Mobile Home подробнее ...