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Mortgage Insurance: Alternatives to CMHC
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06-29-2009, 04:42 PM
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Finner
Scoring Winger
Join Date: Apr 2006
Location: Edmonton
Exp:
Actually thats not correct. If he doesn't fall under certain restrictions of the CMHC (ie. certain distance from major urban centre, etc.) it doesn't matter how much he puts down, he may still have to pay an insurance premium.
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