We hope that everyone is staying safe and at home, if you can be. With all the noise regarding COVID19 and the Mortgage Deferral programs with our banks and lender, we hope to provide some clarity and things to consider before you defer. It is important to consider all things: Current Employment Status, Financial Impact as a result of COVID19, your Savings and credit facilities you have access too.

Deferral Program Eglibilty
Accrued Interest to  your mortgage
Possible Deferral Fee's and Charges
Impact on Credit Rating
Savings and Assets
Employment Status

You know your finances and your current situation best. If you have any questions regarding your mortgage or possible options please feel free to reach out to us via email at info@intouchmortgagesolutions.com or call 1.855.245.9473

#lending #covid19 #banking #mortgages #deferal #canada #stayhome

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