Campbell River Mirror
www.campbellrivermirror.com
Friday, July 12, 2019 A17
Homefinder What is the CMhC?
• The Canada Mortgage and Housing Corporation is a Federal Crown Corporation responsible for administering the National Housing Act. • The corporate goal is “to achieve affordable housing for all people living in Canada”
What is CMhC Mortgage Loan insuranCe?
• It allows you to purchase a home with a smaller down payment: • up to $500,000 with 5% down payment • between $500,000 and $1 million $25,000 plus 10% of the amount over $500,000 • over $1 million - not available • It protects the lender if you are unable to make your payments. • The lender usually passes the cost of the insurance on to you. • More information: www.cmhc-schl.gc.ca/ Alternative Mortgage Loan Insurers: Genworth Financial www.genworth.ca Canada Guaranty www.canadaguaranty.ca
Janet Scotland, RI(BC) Managing Broker | Owner CENTURY Y 21 Arbutus Realty Direct Line: 250-923-2111 extension 102 or 250-287-6985 (text) www.janetscotland.ca
Three offices on Vancouver Island: Campbell River - Gold River - Comox Valley Toll Free to Any Office: 1.888.771.2111 Fax Toll Free to Any Office: 1.855.778.0104
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Campbell River Hot Tubs Ltd.
beachcomber HOT TUBS
2780-B South Island Highway, Campbell River Business 250-923-5550 Fax 250-923-5155 hot.tubs@shaw.ca www.campbellriverhottubsltd.ca https://www.campbellriverhottubsltd.ca/
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