Modifications to CMHC and Genworth’s treatment of rental income
By Bruce Firestone | Uncategorized
Modifications to CMHC and Genworth’s treatment of rental income take effect September 28, 2015. CMHC and Genworth will consider up to 100% of gross rental income from a two-unit owner-occupied property where: -the credit score for all applicants is 680 or greater, and-the rental income is sustained for at least two years, and-the two-year average […]