Webinar: Last chance to prepay your mortgage and save money!
Published January 17, 2019
Webinar for Section 61 housing co-ops
February 6, 2019 from 1:30 to 2:30 p.m. EST
On February 6 at 1:30 p.m., join CHF Canada’s webinar to learn about an important opportunity for your co‑op to save money.
CMHC is accepting applications from co-ops with Section 61 program operating agreements for mortgage prepayment flexibility. The available funding is limited and 2019 will likely be the last year to take advantage, so the time to act is now. Here is the schedule of deadlines to apply:
|Open Application Dates||Application Deadline Dates||Payout Dates|
|March 1, 2019||April 30, 2019||September 3, 2019|
|June 3, 2019||July 31, 2019||December 2, 2019|
|September 2, 2019||October 31, 2019||February 1, 2020|
However, there are a few things we need to do to get ready… but we can help you with that.
CHF Canada worked hard to get this program for our Section 61 co-ops that are paying high mortgage interest rates and need money for capital repairs. Now, we’re ready to work with our co-ops to benefit from the program.
The webinar will show you how to:
- Reduce your interest rate in order to fund much needed repairs and upgrades
- Communicate to members why this time-limited opportunity is so important
- How to qualify
- How to apply
After successfully helping other co-ops, we’ll show you how we can:
- Assist in preparing for and meeting application deadlines
- Strengthen your application
- Get a new lending partner to support your application
Don’t miss out!
Presenter: Dave Howard, Program Manager, Financial Planning Services, CHF Canada
To register for this event, please go to: http://bit.ly/S61Co-ops
For more information Contact Catherine Cummings at firstname.lastname@example.org or call 1-800-465-2752 ext. 246
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