Zurich Centre Building 400 University

Zurich Centre Building

Further along on my walking tour of University Avenue yesterday afternoon. I caught a snap of all the well known buildings on this institutional street.

This building is at 400 University. It started construction in 1969 and work was completed in 1971. It is a well known well landmark on University Avenue. It is located just south of Dundas. The building is 25 floors and 112 meters tall.

Zurich Centre  - September 30th, 2012

Getting a Mortgage and Mortgage Insurance through The Co-operators for financing a loan to purchase at FIVE Condos is actually a relatively easy process, and new rules from the federal government has required that company include new regulations, which have made the home loan and mortgage process a bit more difficult. Those changes at The Co-operators include shortening the amortization period for which the loan can be held by the consumer, and the degree to which the property is financed by the mortgage. They have also increased deposit requirements to lift the loan insurance amount. Mortgage insurance from The Co-operators is actually one of the major financing costs on home loans. Investment Trusts have no taken to looking to purchase rental properties and acquiring mortgages through financing auctions by the banks looking to shore up their balances sheets in light of stricter government regulation. These regulations have actually made holding residential mortgages by the large financial institutions harder to hold.