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EP8- What is the mortgage Insurance (CMHC)
Manage episode 456988479 series 3624899
المحتوى المقدم من Laddi Dhillon. يتم تحميل جميع محتويات البودكاست بما في ذلك الحلقات والرسومات وأوصاف البودكاست وتقديمها مباشرة بواسطة Laddi Dhillon أو شريك منصة البودكاست الخاص بهم. إذا كنت تعتقد أن شخصًا ما يستخدم عملك المحمي بحقوق الطبع والنشر دون إذنك، فيمكنك اتباع العملية الموضحة هنا https://ar.player.fm/legal.
This podcast episode discusses Canadian mortgage insurance, explaining its purpose in protecting lenders and enabling homebuyers with smaller down payments to access loans. It details the main types of insurance: CMHC (government-backed), private mortgage insurance (PMI), mortgage payment protection insurance (MPPI), and mortgage life insurance (LI). The episode also explores factors influencing insurance premiums, such as loan-to-value ratio and credit score, and strongly advocates for seeking professional real estate advice. Finally, the hosts promote their own real estate team's services in the Peel region.
https://www.houseinbrampton.ca/communities/bank-estate-sale-properties/
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