Canada Guaranty Mortgage Insurance Benefits

News Releases

New Treatment of Rental Income | Effective June 9, 2014

On Monday, June 9, 2014, changes to the treatment of rental income from non-owner-occupied subject rental properties and owner-occupied subject properties with income suites, will take effect. As a result of this change, the 80% Rental Offset option will no longer be available.

To learn more about these changes, please take a moment to review the attached Lender Update:

Should you have additional questions, please do not hesitate contact your dedicated Account Executive or speak with a member of our National Underwriting Team at 1.877.244.8422.

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