Total Pageviews

Tuesday 13 December 2011

Mortgage: What is CMHC?

1/ CMHC stands for CANADA MORTGAGE HOUSING CORPORATION.


2/ CMHC is a Crown Corporation.


3/ CMHC administers the NATIONAL HOUSING ACT for the federal gov't.


4/ CMHC sells high ratio Mortgage Loan Insurance. (Higher ratio, higher premium.)
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

About Me

My photo
I am a realtor specializing in the residential properties in the Greater Vancouver, British Columbia. I have been awarded with 15 years top achievement Medallion Award by the Greater Vancouver Real Estate Board.