What CMHC product is best for you?
Find and compare the best mortgage insurance products:
Helps you choose the CMHC mortgage loan insurance product that best suits your needs.
CMHC Quick Reference provides an overview of CMHC’s common homeowner mortgage loan insurance products.
CMHC Product Overview
CMHC Purchase
Enables homebuyers to purchase a home with as little as 5 per cent down payment from traditional and non-traditional sources.
CMHC Portability
Allows repeat users to save money by shifting their CMHC-insured mortgage loan from an existing home to a new home, and reducing or eliminating the premium on a newly-insured loan.
CMHC Refinance
Allows borrowers to refinance their mortgage and use the money for any purpose other than default management.
CMHC Improvement
Offers greater choice to borrowers who are building new homes or who want to undertake small or large scale improvements to existing homes.
CMHC Line of Credit
Provides borrowers with more flexible repayment options than traditional mortgages
CMHC Self-Employed
Allows self-employed borrowers, with or without traditional forms of income verification, to realize their dreams of homeownership.
CMHC Newcomer
Provides newcomers to Canada, with permanent or non-permanent residence status, access,to CMHC mortgage loan insurance products through Approved Lenders.
CMHC Green Home
Provides mortgage loan insurance for the purchase of an energy-efficient home or to make energy-efficient improvements to an existing home. Borrowers may be eligible for extended amortization without a premium surcharge and a 10 per cent mortgage insurance premium refund.
CMHC Second Home
Gives borrowers with high ratio financing a chance to buy or refinance a second home using any CMHC homeowner product, without additional underwriting restrictions or premiums.
CMHC Income Property
Provides investors with more housing finance choice when buying or refinancing a 1 – 4 unit rental property.
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Mortgage Process 
