Welcome

Category: Insurance Premiums

  • What A Triple “A” Mortgage Looks Like. On Closing.

    This is the Triple “a” mortgage. There are a few names, bank lendingndue tonbanks historically lending to best credit clients, a borrower, strong covenant. How do these mortgages look when someone wants to buy a home? Remember there is land transfer taxes as well as other fees, if you are not a First Time Home…

  • Mortgage Default Insurers In Canada: What They Look For.

    These are the 3 insurers that are in Canada. SAGEN CMHC CANADA GUARANTY These companies let you try and achieve a low down payment of 5%. They are all very similar with similar premiums on the insurance policy that gets attached to your purchase. Remember the tier based costs that are associated at each level…

  • Why Your Mortgage Needs Default Insurance

    Insured Mortgage approvals at 5% down to 19.99% down. When you put down the minimum on a house in Ontario, 5%, you cost yourself the highest premium there is. Currently it sits at 4% Premium. When you put down 10% on the house purchase price, you decrease this premium to 3.1%When you put down 15%…