Quote:
Originally Posted by tvp2003
Practically speaking, is getting a Genworth or CG mortgage any more difficult than a CMHC one? Will it result in a (significantly) higher rate because of the perceived risk?
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Very similar underwriting guidelines between insurers. I have had some deals declined by CMHC, so I flipped it over to either Genworth or CG, and they approved. It's also happened the opposite way, so it really is on a deal to deal basis.