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Second Mortgage

This relocation expenses benefit detailed in article 40.7 of the collective agreement and on the University of Ottawa website.

The purpose of this policy is to facilitate the purchase of a regular member’s principal residence in the Ottawa-Gatineau area. Please note that this benefit does not extend to members who are functioning in a replacement role. It is intended to supplement, not replace, primary real estate financing available from financial institutions. The loan shall not exceed $30,000, nor shall it exceed 30% of the purchase price of the residence. For more information, please contact the APUO.