The exact structure is not determined, but the idea is that the borrower has to qualify initially for an insured mortgage in order to be eligible for the incentive.
On May 6th, 2019. See this statement in context.
On May 6th, 2019. See this statement in context.
Director, Housing Finance, Capital Markets Division, Financial Sector Policy Branch, Department of Finance
The exact structure is not determined, but the idea is that the borrower has to qualify initially for an insured mortgage in order to be eligible for the incentive.
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