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TD – New Mortgage Rules: When You Don't Qualify For A Mortgage

1,769 views · Published 3 January 2018 · 0:39 · Indexed 25 October 2026

Channel: TD · 2018 · Education

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What are my options if you don't qualify for the mortgage you want under the new mortgage rules?  TD Canada Trust is ready to guide through these changes. For more information visit:  https://go.td.com/2A34Rv4

The new mortgage rules come into effect on January 1, 2018.
Under the new Canadian mortgage rules, home buyers who have a down payment of 20% or more will be subject to a mortgage qualification stress test.  

If you don't qualify for the mortgage amount you want under the new rules, you may need to consider a less expensive home or continue saving towards your down payment. 

You can use the TD Mortgage Affordability Calculator to estimate your down payment and compare which mortgage suites you best: https://tools.td.com/mortgage-affordability-calculator/  

Contact a TD Mobile Mortgage Specialist to learn more about the new mortgage rules and to find a mortgage solution that best fits your needs: https://www.forms.td.com/app/resl/#/resl/resl-form

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