By Justin
What do you know about mortgage loan insurance? In Canada it is provided by the CMHC, Canadian Mortgage and Housing Corporation. To quote the website, insurance is required when homebuyers make a down payment of less than 20% of the purchase price. These homebuyers are deemed to be more of a lending risk but [...]
20% Down Payment: Just Do It!
January 7th, 2008 · 2 Comments
Tags: Real Estate