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Mortgage Broker News | 14 Jan 2011, 08:45 AM Agree 0
The federal government is focusing on new ways to limit qualifying for mortgage loans on condominiums, according to the Financial Post.
  • Mortgage Gal | 18 Jan 2011, 04:04 AM Agree 0
    I think that they should be added into the approval calculations - Condo Liens take precidence over a Mortgage Charge - as I previously was in Mortgage Default it is very common for people not to be able to afford the condo fees. Some out there are over 700.00 per month - 100% of the fee added into the ratios is a good thing
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