What is a CMHC fee?
The CMHC Mortgage Loan Insurance premium is calculated as a percentage of the loan and is based on the size of your down payment. The higher the percentage of the total house price/value that you borrow, the higher percentage you will pay in insurance premiums.
What CMHC means?
Canada Mortgage and Housing Corporation
What services does CMHC?
Founded in 1946, the CMHC is based in Ottawa. It provides a range of services for home buyers, the government, and the housing industry. Services include federal funding for housing programs, mortgage insurance, and financial assistance programs, as well as providing a variety of information on the housing market.
What is CMHC loan number?
For general inquiries call 1-800-668-2642 or email [email protected].