New Mortgage Underwriting Guidelines

Posted on Oct 17, 2017 in Mortgages

Our favourite mortgage lender, Sharon Davis at BlueTree Mortgages WEST, has sent information on the new guidelines from the OFSI (Office of the Superintendent of Financial Institutions) for residential mortgage underwriting today. Here it is: 

The highly talked about Stress test is passed – will be the greater of the benchmark (currently 4.89%) or co...

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