Comforting
Introduced shortly after the homebuyer protection, the mortgage protection also met with tremendous success. To benefit from this exclusive protection, you must obtain your mortgage loan through Via Capitale's Mortgage Brokerage Service. In case of job-loss, Via Capitale will assume your mortgage payments (capital and interest) for a period up to a year and up to a total of $15,000. Furthermore, if the buyer is eligible to the homebuyer and mortgage protections and if he purchases a condo, the condo monthly payments are also covered by the mortgage protection.
Attractive
A recent CROP survey indicated that 63% of potential buyers feel that "the mortgage protection makes a property more attractive" and 60% of sellers "would rather trust the sale of their homebuyer to an agent that offers such a protection".