CMHC Mortgage Loans
      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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Return to: CMHC's Main Menu

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Mike has answers to your questions and more professional tips to make your real estate transaction more pleasurable. Call or e-mail Mike or click on "Ask Your Own Questions." Mike can send you information on any Property Listed For Sale on the Multiple Listing Service in the Ottawa area. If you would like him to help you locate a home, please fill out his Information Request Form. Surfing the Real Estate Board's web site or MLS.CA and found a house that you like but doesn't give you the civic address. Mike can also help. Just fill out his Would like an address form, please ! Or perhaps you are considering selling your home in the near future, he can also offer you a Free No-Obligation Market Evaluation Form.

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