Begin 2011 in your new home with just a 5% downpayment! CMHC Mortgage Loan Insurance can make it happen. Go to http://www.cmhc-schl.gc.ca for all the details.
Purchasing CMHC mortgage loan insurance is a requirement for most mortgage lenders when the purchaser makes a down payment of less than 20 percent of the total home price. Calculating the CMHC mortgage loan insurance is an easy process with the online calculator provided by the Canada Mortgage and Housing Corporation.