VICTORIA JILL MOORES TD MORTGAGE SPECIALIST RE: NEW GOVERNMENT OF CANADA MORTGAGE RULES
The Canadian Federal Government is changing the Mortgage Amortization rules in March 2011.
There will no longer be any 35 amortization mortgage after March 18. 2011. The New Mortgages insured by CMHC with be for max of 30 year amortization.
Victoria TD Canada Trust Bank Mortgage Specialist Jill Moores emailed me the following pre-approval changes to pass along to my home buyers in Victoria, BC.
STILL TIME TO QUALIFY WITH THE TD BANK FOR A 35 YEAR AMORTIZATION MORTGAGE UNDER THE OLD RULES....
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