Quote:
Originally Posted by jjbouma
I don't have any suggestions, but that seems odd. When I bought my condo (in Sasso) a couple of years ago I had 10% down and qualified for CMHC. Sasso is also an 18+ building and is built and managed by the same people as Vetro. My mortgage was through Scotia if that makes any difference.
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Too many other factors to just say because yours worked that the OPs should have.
I've actually heard that CMHC is getting really anal because they are at or near their insurable limit as per their guidelines/rules (or some similar type scenario). I'm sketchy on the exact details but I've been told that Genworth is a much better option right now.