CMHC has announced mortgage payment deferrals for all insured loans on March 22, 2020 effective now.
All banks are being told to follow suit for uninsured loans.
Just call your bank and tell them you need a deferral.
Deal with it after this pandemic is over and payments resume.
Noone is foreclosing. No penalties. No strict policy. Just call the bank.
All banks are being told to follow suit for uninsured loans.
Just call your bank and tell them you need a deferral.
Deal with it after this pandemic is over and payments resume.
Noone is foreclosing. No penalties. No strict policy. Just call the bank.
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