The qualified-mortgage rule that takes effect in January could make it more difficult to get a home loan, and particularly a jumbo mortgage. Some lenders and buyers are looking to close their transactions before the rules kick in. The rule's debt-to-income limit of 43% could affect entrepreneurs with fluctuating income, some say. Despite the new rule, TD Bank still plans to offer the riskier interest-only jumbo mortgages, says Michael Copley, retail-lending director at the bank.

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