Toronto Real Estate; SAVE w/ assumable Mortgage

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Uploaded by on Dec 1, 2008

If you are buying http://tinyurl.com/y8664a9 Assume an existing mortgage you can save the CMHC premium, If you are selling, you can save the discharge fees and penalty. This is a time for experienced sales professionals. Contact David at 647 218 2414 http://davidpylyp.com

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  • An assumption of a CMHC insured mortgage, this is really an underwriting question and you may wish to check with a CMHC underwriter at 888 463 6454.

    ...The approval of the assumption is a Lender responsibility, if the new purchaser is paying cash to the mortgage there is no additional CMHC fee or premium to be paid.

    David Pylyp

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