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19 Mar

Mortgage payment relief options – COVID-19

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Posted by: Aneta Zimnicki

Many of the major lenders are providing beneficial options during this time to help alleviate some of the financial stress you may be facing.  Depending on your lender, you will be able to defer your mortgage payments for up to six months as well as being able to potentially re-amortize the loan or make special payment arrangements. This will offer some temporary relief for those with any loss of income as a result of this crisis.

It is important to contact your lender, before you have any missed payments.  There is more information and lender contact numbers on the Dominion Lending Centres COVID-19 page.