When your term ends, updated mortgage renewal rules give you the freedom to switch lenders at renewal without facing standard qualification buffers. You can secure competitive interest rates and protect your household cash flow simply by transferring your existing balance to a new institution. A straight uninsured mortgage transfer allows you to sidestep the artificial qualifying rate, provided you keep your principal amount and amortization period intact. Reviewing your financing options well ahead of your maturity date ensures you capture better borrowing terms and avoid settling for an unfavorable offer from your current bank.
CMHC-Backed Multi-Family Homes
This is your chance to own 6 to 20+ rental units with as little as 5% down (up to 95% financing available). Take advantage of CMHC-backed financing and start growing your rental portfolio today
