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Stories Tagged - Mortgage Insurance
News
Dec. 22, 2020 | Josh Skapin
CMHC program can save "green" borrowers up to 25 per cent on mortgage insurance premiums
Along with lowering monthly utility bills, green home features can also cut costs for homeowners by reducing their mortgage insurance premium.
Depending on the home's degree of energy efficiency, up to a quarter of a borrower's premium can be covered by a rebate through the Canada Mortgage and Housing Corp. (CMHC) Green Home program.
Depending on the home's degree of energy efficiency, up to a quarter of a borrower's premium can be covered by a rebate through the Canada Mortgage and Housing Corp. (CMHC) Green Home program.
News
June 10, 2020 | Tyler Difley
CMHC tightens lending requirements for insured mortgages
Canada Mortgage and Housing Corporation (CMHC) is changing its underwriting policies for insured mortgages.
Starting July 1, new applicants for CMHC's mortgage default insurance will have to meet the following criteria:
Starting July 1, new applicants for CMHC's mortgage default insurance will have to meet the following criteria:
