Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post

chemgear · 06-26-2012, 03:16 PM

If you're looking at buying in the near term:

http://www.canadianmortgagetrends.co....html#comments

Saturday July 7 is the official deadline for submitting mortgage applications under the old high-ratio mortgage rules.

Despite the July 7 deadline, a handful of lenders are implementing the new rules early. First National (the country’s biggest non-bank lender) and Radius Financial will enforce the new rules starting July 3. ICICI Bank will start effective July 6.

Insurers are allowing no exceptions to the deadlines.

06-26-2012, 03:16 PM	#121
chemgear Franchise Player Join Date: Feb 2010 Exp:	If you're looking at buying in the near term: http://www.canadianmortgagetrends.co....html#comments Saturday July 7 is the official deadline for submitting mortgage applications under the old high-ratio mortgage rules. Despite the July 7 deadline, a handful of lenders are implementing the new rules early. First National (the country’s biggest non-bank lender) and Radius Financial will enforce the new rules starting July 3. ICICI Bank will start effective July 6. Insurers are allowing no exceptions to the deadlines.