It is available from CMHC or a private insurer for a cost of between 0.5% and 3% of the amount of the mortgage. Insurance required by lenders for high-ratio mortgages (more than 75% of the purchase price).
“John is very knowledgeable of the Muskoka Real Estate area. Using his expertise, we were able to find the perfect house, in the correct area and within our budget. He also provided terrific feedback and has remained in touch with us to keep us up to date on market conditions. John is a super agent and a terrific person. We highly recommend John as your agent.”
- Mark H.
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