COVID19 Mortgage Payment Deferral Information
This week has been crazy, to say the least.
Lots of news rolling out about the possibility of payments being deferred.
This blog post is to help guide you through the information available.
The Government of Canada has announced many financial assistance plans to help Canadians affected by this outbreak. Info here:
Many mortgage lenders, including the Big 6, have announced that they will be helping their current clients with payment deferrals if the homeowner is directly impacted by the COVID19 outbreak.
Default Insurers:
Canada Guaranty 1-877-244-8422
Genworth 1-844-711-4627
CMHC Info Link: https://www.cmhc-schl.gc.ca/en/finance-and-investing/mortgage-loan-insurance/the-resource/dealing-with-mortgage-payment-difficulties
Big 6 Bank info here: https://cba.ca/canada-six-biggest-banks-take-decisive-action-to-help-customers-impacted-by-covid-19?fbclid=IwAR2Iue6G8NKipaQiujczI7z6tWdltjfriuMV70GofMKVWVWNk6rz2h5ghR8
Here are some contact numbers and email addresses to help you: