Default Mortgage Insurance Premium Amounts
Loan-to-Value
|
|
|
|
Premium on Total Loan
|
Premium on Increase to Loan Amount for Portability
|
Up to and including 65%
|
0.60%
|
0.60%
|
Up to and including 75%
|
1.70%
|
5.90%
|
Up to and including 80%
|
2.40%
|
6.05%
|
Up to and including 85%
|
2.80%
|
6.20%
|
Up to and including 90%
|
3.10%
|
6.25%
|
Up to and including 95%
|
4.00%
|
6.30%
|
90.01% to 95% —
Non-Traditional Down Payment**
|
4.50%
|
6.60 %
|
|
Posted from CMHC website: https://www.cmhc-schl.gc.ca/en/corp/nero/nere/2017/2017-01-17-0830.cfm
We serve all of Alberta, with a focus on our local Edmonton, Sherwood Park, St. Albert, Fort Saskatchewan, Spruce Grove, Stony Plain, Beaumont, Leduc and surrounding areas!
We are franchised with our National Brokerage Mortgage Architects and can broker your mortgage in other provinces as well. We would love to work with you!
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