Canadian Residential Mortgages

Guideline B20: Canadian Residential Mortgages

Chris Gallant Residential Mortgage

The Government of Canada placed into effect a very important mandate called Guideline B20. It requires financial institutions and mortgage brokers to provide sound residential mortgage underwriting practices. This was done to reduce the risk of financial loss for lenders. Securing and protect lenders’ finances ultimately reduces the risk and …

customized residential mortgage solutions

3 Stages of Obtaining a Residential Mortgage

Chris Gallant Uncategorized

The process of obtaining a residential mortgage is best done with the help of a mortgage broker. An expert simplifies a rather complicated process. The Canadian Mortgage and Housing Corporation report a more than a 20% increase in the total value of mortgage originations compared to the same period in 2019. …