four coloured squares rotating clockwise inside an orange circle

What is CMHC?

A division of the Government of Canada - the Canadian Mortgage & Housing Corporation (commonly referred to as CMHC) - acts as Canada's national housing agency. The CMHC's mandate is to help Canadians access a variety of affordable housing options. It also researches housing and real estate trends in Canada and around the world, providing research to consumers, businesses and other government divisions.

The major activity of the CMHC, and the one for which it is best known, is mortgage loan insurance, which insures approved lenders (such as Canada's chartered banks) against borrower default. Mortgage loan insurance provides approved borrowers access to low-cost mortgage rates. CMHC approved buyers may purchase property with as little as 5% down payment

Share with friends

 


Mortgage Switch Program

Ready to move? Are you looking at different mortgage options? We will pay up to $1,500 of the fees associated with moving your mortgage.
contract and money icon

Mortgage Pre-Approval Form

A mortgage pre-approval is a great first step in your homebuying journey. By being pre-approved, you can confidently begin your house search.

Up Next: 4 ways to pay down your mortgage sooner

Here are four ways to save money on what’s likely to be your biggest lifetime purchase.
This website uses cookies to improve your experience on our website. By continuing to browse the site you are agreeing to our use of cookies.