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PostPosted: Wed Jan 09, 2013 9:03 pm 
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Joined: Fri Feb 01, 2008 2:35 pm
Posts: 528
How much do you have available for down payment? If it is 20% or more, than you can actually get up to 35 years amortization in some cases.

It doesn't sound like you are being given accurate information. I have never seen CMHC decline a particular file because it is already in the system with another lender, nor have I heard of a case where where another submission has made your original approval null and void.

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PostPosted: Thu Jan 10, 2013 2:04 pm 
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Joined: Sun Apr 04, 2010 11:01 pm
Posts: 362
Location: Milton
Your application could possibly get denied by CMHC if they notice different information submitted by lenders especially in terms of employers/income.


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