Everything you need to open new doors
When it comes to buying your home, nothing is more valuable than peace of mind. That’s why for 60 years Canada Mortgage and Housing Corporation (CMHC) has shared a wealth of knowledge and housing expertise to help create an informed and reassured homeownership experience. Millions of Canadians continue to benefit from mortgage insurance and much more from CMHC — a place they already call home.
In This Section:
What is CMHC Mortgage Loan Insurance?
Provides a brief outline of the structure and benefits of CMHC Mortgage Loan Insurance.
What’s in it for you?
Who needs mortgage insurance?
General requirements
How much can you afford?
How much does it cost?
Flexible Financing Options
List of Approved Lenders
Financing an Energy-Efficient Home or Energy-Saving Improvements is Easier than You Think
You could be eligible for a 10% refund on your mortgage loan insurance premium from CMHC when you purchase an energy-efficient home or make energy-saving renovations.
Mortgage Calculator
This tool will calculate the maximum house price you can afford, the maximum mortgage amount you can borrow, and your monthly mortgage payments.
Home Buyers Benefit From Lower Costs
Effective June 28, 2006, CMHC is helping to make homeownership more affordable and accessible for Canadians by eliminating homeowner high ratio mortgage insurance application fees, extending amortizations and offering more flexible repayment options.
Effective April 22, 2005, Canadians buying a home with a down payment of less than 10% can benefit from a reduction in mortgage loan insurance premiums.
FAQ: CMHC Mortgage Loan Insurance
Frequently Asked Questions on mortgage loan insurance.
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