Friday, May 15, 2020

The COVID-19 Mortgage Payment Deferral program has helped so many Canadian families in these uncertain times.

Even so, it is important to note that the mortgage deferral agreement does not cancel, erase or eliminate the amount owed on your mortgage. You will need to repay both the skipped interest and principal amounts, which may affect your payment amount.

Need help understanding it all? Give us a call at The Mortgage Centre in Midland at 705-526-5445

Posted at 10:56 AM