BMO's Change: Reinstates OSFI stress test for uninsured switches after briefly removing it.
Qualification Rules: Borrowers must qualify using the higher of 5.25% or contracted rate + 2%.
BMO Reinstates Stress Test for Uninsured Mortgage Switches

BMO's Change: Reinstates OSFI stress test for uninsured switches after briefly removing it.
Qualification Rules: Borrowers must qualify using the higher of 5.25% or contracted rate + 2%.