FAQ
What do I need to transfer my mortgage through Group Mortgage Plan?
Last mortgage statement from your lender and a copy of the Mortgage Charge.
My Employer is relocating me...now what?
There's a lot to take care of between the day you hear about your transfer, to the day you actually move. Contact us to obtain a mortgage pre-approval for some peace of mind while you shop for your new home.
I qualify for a mortgage subsidy provided by my Employer, where do I begin?
Simply call us at 1-800-663-4819 and we will help you from start to finish.
Is it true that my mortgage subsidy is an automatic taxable benefit?
No - it depends on the amount of your Employer-subsidy and your mortgage interest rate.
If the difference between your mortgage rate and Employer subsidy results in a net rate that is at or above the Prescribed Rate, then there is no taxable benefit.
If the difference is below Prescribed Rate, then you will have a taxable benefit for at least the first calendar quarter of your mortgage.