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No, any of the banks will give you a 30 year amortization. it was the longer duration mortgages they killed. There was a small windows where they allowed dura
by chollida1 4y ago
No, any of the banks will give you a 30 year amortization.
it was the longer duration mortgages they killed. There was a small windows where they allowed durations longer than 30 years but they killed those recently.
Probably a very wise decision given the real estate market in Canada.
- throw0101c 4y ago> No, any of the banks will give you a 30 year amortization. A federally regulated bank may offer a 30 year ammortization if you put i ≥20% equity. Non-federally regulated institutions (e.g., provincially regulated credit unions) may offer more options too.