May 27, 2018    中文(简体)   

CMHC Default Insurance (CMHC Mortgage Loan Insurance)

CMHC default insurance is required for every mortgage with a down payment between 5% and 19.99%. It is an insurance product that protects lenders in case the home owner defaults on their mortgage.

For CMHC-insured mortgage loans, the maximum purchase price or as-improved property value must be below $1,000,000.
Please note that CMHC default insurance rates for self-employed, non-verified income, portability and refinance will be higher.

$
%
or
$
Years (Maximum 25 Years)
$
$
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Real Land Realty Inc., Brokerage
250 Consumers Road
Unit 509
Toronto, Ontario
Canada, M2J 4V6
Phone: (647)351-2727

Mike Du
Broker of Record
Real Land Realty Inc., Brokerage
Bus: (647)351-2727
Direct: 416-890-9222
Email:mikedurealtor@gmail.com
 




 

Real Land Realty, Independently Owned & Operated