September 20, 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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Betty Liu
Broker
Direct: (416)818-5218
Bus: 905-940-3428
bettyyfliu@gmail.com
 
Century 21 King`s Quay Real Estate Inc., Brokerage
7300 Warden Ave
Unit 401
Markham, Ontario
Canada, L3R 9Z6
Phone: 905-940-3428
Fax: 905-940-0293

Century 21 King`s Quay Real Estate Inc., Brokerage, Independently Owned & Operated