I guess you could say the incentive would be taken into consideration to the extent that the incentive reduces the size of the initial insured mortgage. The idea is that the borrower would qualify on the now reduced size of the insured mortgage.
Director, Housing Finance, Capital Markets Division, Financial Sector Policy Branch, Department of Finance
I guess you could say the incentive would be taken into consideration to the extent that the incentive reduces the size of the initial insured mortgage. The idea is that the borrower would qualify on the now reduced size of the insured mortgage.
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