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tdma800
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CMHC still allows 40 year amort. on investment properties

Tue Oct 20, 2015 12:46 pm

the CMHC still allows 40 year amortizations on investment properties!!

- the down payment can be borrowed too(as long as it comes from another property)
 
Geyser
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Re: CMHC still allows 40 year amort. on investment propertie

Tue Oct 20, 2015 12:56 pm

Yep, not much risky mortgage lending in Canada, it's mostly backstopped by our heavily indebted government.
In fond memory of Taipan, a model of modesty, decency, dignity and tolerance. Long may we all prosper from the tremendous legacy of worldly wisdom and specialized real estate knowledge which he left in the "Arguments" thread.
 
tdma800
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Re: CMHC still allows 40 year amort. on investment propertie

Tue Oct 20, 2015 12:58 pm

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