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Stories Tagged - lender
News
June 10, 2020 | Tyler Difley
CMHC tightens lending requirements for insured mortgages
Canada Mortgage and Housing Corporation (CMHC) is changing its underwriting policies for insured mortgages.
Starting July 1, new applicants for CMHC's mortgage default insurance will have to meet the following criteria:
Starting July 1, new applicants for CMHC's mortgage default insurance will have to meet the following criteria:
News
June 01, 2020 | Tyler Difley
Mortgage matters: options and advice for anyone falling behind on payments due to COVID-19
As the COVID-19 pandemic continues, many Calgarians have lost their jobs, been furloughed (i.e., temporarily laid off) or seen their working hours reduced. If this has happened to you and you own a home, the loss of income could, understandably, make it difficult to keep up with mortgage payments.
News
June 03, 2015 | CREBNow
PTQ: Laura Parsons
Calgary Area Manager for Mortgage Specialists with BMO
Laura Parsons is the Calgary area manager for mortgage specialists with Bank of Montreal. She recently took some time to chat with CREBNow about how oil prices have affected the lending market, what borrowers should know about low rates and what the Calgary Stampede means to the city.
Laura Parsons is the Calgary area manager for mortgage specialists with Bank of Montreal. She recently took some time to chat with CREBNow about how oil prices have affected the lending market, what borrowers should know about low rates and what the Calgary Stampede means to the city.