Zorica Grujic, Sales Representative | 416-762-4200, zorica@zoricagrujic.com


Mortgage Insurance Calculator

Purchase Information

$
$

Results

$
$

About Mortgage Insurance

Financial institutions are required by law to insure all mortgages with a loan to value ratio of less than 80%. This insurance protects the lender against borrower default.

Note: Provicial Sales Tax (8%) is applicable on mortgage insurance premiums, is due the date of closing, and is not rolled into a mortgage. Mortgage insurance premiums are exempt from the full Harmonized Sales Tax.


Mortgage Insurance Providers

CMHC

Canada Mortgage and Housing Corporation (CMHC) is Canada's national housing agency. Established as a government-owned corporation in 1946 to address Canada's post-war housing shortage, the agency has grown into a major national institution. CMHC is Canada's premier provider of mortgage loan insurance, mortgage-backed securities, housing policy and programs, and housing research. More about CMHC can be found at www.cmhc.ca

Genworth Financial

GE Mortgage Insurance Canada together, with its related affiliates, is the largest private sector mortgage insurance company in the world and the only private sector supplier of mortgage insurance in Canada. www.genworth.ca

Buying


If the time for you has come to "Find Your Dream Home", I would love to help you.

Learn More

Selling


An accurate value estimate for your home is just one aspect of selling a property.

Learn More

My Brokerage


2186 Bloor Street West
Toronto, ON, M6S 1N3
Phone: 416-762-4200
Email: zorica@zoricagrujic.com

About Me

Follow Me


Keep up-to-date with the latest listings, tips for the real estate market, or to get in touch with me online.