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Old 02-10-2018, 10:55 PM   #7
Izzle
Scoring Winger
 
Join Date: Nov 2010
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Bump!

I had a general question about Mortgage insurance but didnt want to start up a new thread. When I got a mortgage, I only did so with 5% down and therefore had to get CMHC insurance. Now, when my mortgage is up for renewal, could I ask to take the mortgage insurance off? Is there any way to take it off?

If I could take the CMHC payment off, I would like to contribute the savings to a term life insurance policy.
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