More Than A Promise To Sell Your Home

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Bill Pinto

Mortgage Rule Changes

Genworth is following CMHC's move; so as of Oct. 15/ 2008, there will no longer be 100% financing and 40 year amortizations available from Genworth either. CMHC and Genworth backed high ratio mortgages must have minimum 5% down and 35 year maximum. Clients who are interested in these products must have a closing date before Oct. 15th, 2008.
Published Tuesday, July 22, 2008 1:36 PM by Bill Pinto

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