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Manulife Allowing Mortgage Transfers, Readvanceable Mortgages, and More

By November 26, 2018July 7th, 2022Financial Solutions

Manulife announced in early October 2018 that they are revamping their mortgage product line.

This includes:

  • Readvanceable mortgages so borrowers looking for HELOCs can automatically have equity added to their line of credit as it becomes available.
  • New competitive insured and uninsured mortgage terms.
  • The ability to transfer to Manulife from another lender.

See all of the changes on the Purview blog. Read more: https://www.purview.ca/manulife-mortgage-broker-mortgage-news-canada/