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Yvonne Huh, Sales Representative, CIPS

   

Cell: 416.505.0153 yvonnehuh@trebnet.com

Mortgage Insurance Calculator

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About Mortgage Insurance

Financial institutions are required by law to insure all mortgages with a loan to value ratio of less than 80%. This insurance protects the lender against borrower default.

Note: Provicial Sales Tax (8%) is applicable on mortgage insurance premiums, is due the date of closing, and is not rolled into a mortgage. Mortgage insurance premiums are exempt from the full Harmonized Sales Tax.


Mortgage Insurance Providers

CMHC

Canada Mortgage and Housing Corporation (CMHC) is Canada's national housing agency. Established as a government-owned corporation in 1946 to address Canada's post-war housing shortage, the agency has grown into a major national institution. CMHC is Canada's premier provider of mortgage loan insurance, mortgage-backed securities, housing policy and programs, and housing research. More about CMHC can be found at www.cmhc.ca

Genworth Financial

GE Mortgage Insurance Canada together, with its related affiliates, is the largest private sector mortgage insurance company in the world and the only private sector supplier of mortgage insurance in Canada. www.genworth.ca

Yvonne Huh

Sales Representative, CIPS

Royal LePage Johnston R.E.S Ltd. Johnston & Daniel Division

Cell: 416.505.0153
yvonnehuh@trebnet.com

477 Mount Pleasant Road, Suite 210
Toronto, Ontario M4S 2L9
Office: 416.489.2121