Written by • October 16, 2012• 6:56 AM• General • Views: 0

Written by

General
October 16, 2012

Vendor Take-Back (VTB) Mortgage

A mortgage in which the vendor uses his or her own equity to provide some or all of the mortgage financing in order to sell the property.

Source: CAAMP

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Last modified: October 16, 2012

Robert McLister is one of Canada’s best-known mortgage experts. A mortgage columnist for The Globe and Mail, interest rate analyst and editor of MortgageLogic.news, Rob has been covering Canada's mortgage market since 2007.

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