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Can you renew a 40yr mortgage

 
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Asked by
Buford


Can you renew a 40yr mortgage?
0     In Mortgage

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    Level 7 - Professional
    MortgageEnder
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    ON Canada - if you are planning to renew at 40 years, there are non traditional lenders willing to do this but the rates would be high. Most lenders would only offer 30 years amortization as per the new CMHC regulations.

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