Want to buy a farm but falling short of funds? Buying a farmland differs from buying a vacant residential land and often comes with more requirements and eligibility criteria. A specialist farm mortgage broker in Abbotsford, Edmonton, and Surrey, who has years of industry experience better understands the ins and outs of a farm mortgage...
The Office of the Superintendent of Financial Institutions (OSFI) Canada recently eliminated the stress test requirement for all mortgage renewals, no matter insured or uninsured. With over 70% of Canadian mortgages being uninsured ones, homeowners can now switch to a different lender to take advantage of a better deal, without feeling stressed about mortgage stress...
