HOUSING AGENCY EXPLORES CUTTING RED TAPE FOR SELF-EMPLOYED BORROWERS

2017-10-24 | 14:07:35

Very confusing….

CMHC led the pack in removing any flexibility towards income documentation for the self employed.

Also, subsequent mortgage regulations set out by the Government heavily restricted any flexibility in documenting income especially for the self employed.

It will be interesting to see if they back track on this issue.

Will keep everyone posted.

Robert Bizzoni - Mortgage Agent
The Mortgage Centre - Your Mortgage Professionals
416.931.3893 / rbizzoni1@gmail.com

 

 

http://business.financialpost.com/real-estate/mortgages/housing-agency-explores-cutting-red-tape-for-self-employed-borrowers

 

 

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