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Qualifying Income

The mortgage financing regime has been revised so that the TTMF can now offer competitive rates. Now, the qualifying income of persons eligible for the 2% interest rate, has moved from $10,000 to $14,000 and they can now access properties valued up to $1M. Those earning between $14,001 to $30,000 can now benefit from a 5% interest rate and can access properties valued up to $1.5M

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