COVID-19 Mortgage Payment Relief: What’s Available to You

There is some good news in this very stressful time for people who are worried about making their mortgage payments.

Canadian mortgage insurers are backing the current crisis and are working with our lenders to develop policies to either skip or defer mortgage payments.

However, it’s important to know that these are on a case-by-case basis so please, reach out to your lenders directly. You also may not receive an answer right away. As each case is different, it may take 2-4 business days for a response.

Here is a link  to the Dominion Head Office website – they have a list of all lender contact numbers, and a breakdown on how Codvid-19 may be affecting mortgages.

COVID-19

https://www.canada.ca/en/department-finance/economic-response-plan.html

Go to this page to see a list of measures that our goverment is putting in place to protect you.