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Insurable Housing Loan Regulations

Version of section 8 from 2012-12-10 to 2012-12-31:
 

The following provision is not in force.

Marginal note:Low ratio loans — before October 15, 2008

  • 8 (1) The criteria set out in section 6 do not apply to a high ratio loan in respect of which the Corporation received a housing loan insurance application before October 15, 2008 if it meets the requirements of a housing loan insurance product that was offered by the Corporation before that date.

  • Marginal note:Low ratio loans — October 15, 2008 to April 17, 2011

    (2) The criterion set out in paragraph 6(a) does not apply to a low ratio loan in respect of which the Corporation received a housing loan insurance application during the period beginning on October 15, 2008 and ending on April 17, 2011.


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