The Canadian Mortgage Housing Corporation (CMHC) or Genworth will provide loan insurance on high ratio mortgages (less than a 20% down payment). This allows home buyers to borrow up to 95% of the appraised value of their home.
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Features
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Financing available for up to 95% on new purchases
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1-5 years terms available
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Competitive fixed and variable rates
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Flexible repayment options
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