Date Posted: May 1, 2019
If you are affected by the recent devastating floods in the Ottawa area, or another natural disaster, do not hesitate to contact your Mortgage Broker or bank to discuss some options. Some offer skip-a-payment programs but it will be assessed in a case by case scenario. If you purchased your home with less than 20% down you can also contact the default insurer (CMHC/Genworth/ Canada Guaranty) to discuss options. Please ensure you keep making your mortgage payments to avoid penalties or additional charges.