Canadian Banks now requiring urine and hair samples to obtain mortgage?

SASKATOON – It has become a first for Canadians and the implications can be astronomical, a massively large insurance firm; The CUMIS Group Limited Insurance who have been partnered along with thousands of banks across North America for insurance requirements, has now accepted a policy of pre-screening drug tests & hair samples for the right to obtain home loan insurance, a necessity, if you’re going to purchase a home in Canada.

We first learned of this policy from a source who prefers to remain anonymous. The bank in question is called AFFINITY CREDIT UNION in Saskatoon, Saskatchewan, Canada; they are partnered with CUMIS insurance to offer home loan insurance.

This precedent setting policy from CUMIS & AFFINITY CREDIT UNION in Canada has now mandated that hair samples, urine drug testing, as well as a documented question and answer portion, (which our sources have indicated to be highly sensitive personal inquiries), will now be the norm for those apparently “high-risk” individuals.

We first learned of this story from a young man in Saskatoon, Saskatchewan, Canada. Our source was instructed to undergo a rigorous pre-screening procedure in order to obtain insurance for his new home.

Our source stated that; “the bank (Affinity credit union) said that I should use the insurance company they provide to make things smoother, I never thought anything of it.” “I don’t really care if I get tested; it’s just a hassle with my work schedule” said our source. Additional information gathered showed that our sources’ home value was approximately $300,000 when he applied for the loan – slightly above the average cost of a home in Canada, sitting at $287,000.

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