CMHC FEE INCREASE EFFECTIVE JUNE 1ST, 2015

Effective June 1st, CMHC Purchase (owner occupied 1-4 unit) mortgage loan insurance premiums will be:

Note: CMHC reviews its premiums on an annual basis and will announce decisions on premiums following

Loan-to-Value RatioStandard Premium (Current)Standard Premium (Effective June 1st, 2015)
Up to and including 65%0.60%0.60%
Up to and including 75%0.75%0.75%
Up to and including 80%1.25%1.25%
Up to and including 85%1.80%1.80%
Up to and including 90%2.40%2.40%
Up to and including 95%3.15%3.60%
90.01% to 95% - Non Traditional Down Payment3.35%3.85%
John Siarkas

John Siarkas

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CENTURY 21 Heritage Group Ltd., Brokerage*
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