Pamela Traquair with Axiom Mortgage Solutions
223 14th Street NW T2Z 1Z6 Calgary, AB, Canada

I hope everyone is having a safe and healthy Easter!

These are crazy times for sure and uncertainty is among the hardest things to deal with sometimes, especially when it comes to finances. This can sometimes lead to panic or go into freeze mode. I find the best strategy, for me, to deal with uncertainty is to find out what options I have ahead of time in preparing for the worst case scenario, financially. That way it takes my stress down a few notches. So I am here if you want to talk about your mortgage and find out what strategies there are in place to help you get through this difficult time. Message me and we can set up a time to do so.

Please take a moment to read this important information regarding your mortgage. Thanks to my friend and colleague, Colin Ward with Mortgage Connection, I am passing along his summary for the following: If you have questions or concerns I am available to discuss this with you...please message me.... Mortgage Payment Relief - Covid 19 Here is some information in these uncertain and difficult times. Insurers (CMHC, Genwroth, and CG) already had programs in place with the banks/lenders that allowed them to capitalize up to 4 monthly payments. Today they announced that they will consider extending the program to allow up to 6 months of capitalization provided that: 1. Original insured loan amount is not exceeded 2. Request to cap payments is received prior to Sept 3, 2020 3. Bank/lender confirms the capitalization is being applied reasonably to help mitigate short-term financial difficulty resulting from COVID-19. The insurers have several other default management tools available which include: payment deferral, loan re-amortization, and other special payment arrangements. All assistance options will be considered on a case by case basis. The programs are facilitated through the banks/lenders and therefore you should be directing your clients to contact their lender directly for further assistance. Some banks/lenders have their own assistance options as well. Here is a list of customer service numbers: ATB 1-800-332-8383 B2B 1 800 263 8349 BMO 1-877-895-3278 Bridgewater 1-866-243-4301 CIBC 1-800-465-2422 CMLS 1-888-995-2657 Optimum 1-866-441-3775 Equitable 1-888-334-3313 Connect First 403-736-4000 Chinook Financial 403-934-3358 First Calgary Financial 403-736-4000 First National 1-888-488-0794 Haventree 1-855-272-0051 Home Trust 1-855-270-3630 HSBC 1-888-310-4722 ICICI 1-888-424-2422 Manulife 1-877-765-2265 MCAP 1-800-265-2624 Merix 1-877-637-4911 Marathon 1-855-503-6060 National Bank 1-888-835-6281 RBC 1-866-809-5800 RFA 1-877-416-7873 RMG 1-866-809-5800 Scotia 1-800-472-6842 Servus 1-877-378-8728 Street Capital 1-866-683-8090 TD 1-866-222-3456

Just a reminder in case you forget...