One Rental unit?

If you're renting out a property, CMHC has recently changed some of their rules to allow 100% of the rental income to be considered when applying for a new loan.

What does it mean? It should mean that buyers will be able to increase the size of the loan that they are allowed to borrow.

Great news for new investors :)

Ralph Fyfe

Ralph Fyfe

Associate Broker
CENTURY 21 Bachman & Associates
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