October 21, 2019    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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 YAN YUAN

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yanyuanhomes@gmail.com

 

 

 

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Real One Realty Inc., Brokerage

Head Office: 15 Wertheim Ct #302, Richmond Hill, ON L4B 3H7
West Office: 32 Village Centre Pl. Unit 200, Mississauga, ON L4Z 1V9 Canada

Phone: (905)597-8511
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Real One Realty Inc., Brokerage, Independently Owned & Operated