Navigating the Waters of Mortgage Loan Insurance: A Vital Tool for Homebuyers and Lenders Alike
In the journey of purchasing a home, mortgage loan insurance emerges as an essential component, especially when the homebuyer cannot make a substantial down payment. In Canada, this type of insurance is a common prerequisite for high-ratio mortgages – loans that are granted to borrowers with minimal down payments, often less than 20% of the […]
