Following the announcement of CMHC’s new mortgage rules last week (which could cut maximum Price by up to 12%), Canada’s other two mortgage insurers, Genworth Canada and Canada Guaranty, confirmed Monday they will not be following CMHC’s lead.
Unlike a Bank Representative, as an independent Mortgage Agent I am able to work with multiple Lender’s and dictate which Mortgage Insurance Company is used.
If you, or someone you know is purchasing a home and they want to work with someone who can maximize their Purchase Price, please put them in touch with me, Blair MacFarlane; Working for You Not the Lender.