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News from Canada's Mortgage Experts

Category: Homebuyers' Top Tens

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Top 10 Benefits of Mortgage Insurance # 8 & 7

Monday, Nov. 30, 2009

Posted by: Nick Ametrano, Vice President

Number 8 - Save on Household Purchases

When buying your first home, you'll find expenses can add up quickly. When insured with a company such as Genworth Financial Canada, you can take advantage of the Homebuyer Privileges (TM) program, which offers savings on appliances, truck rentals, home-improvement materials, moving supplies, and more.

Number 7 - Get Money Back on an Energy-Efficient Home

If you purchase an energy-efficient home or refinance an existing home to make energy-saving renovations, you could be eligible to receive a 10% refund on your mortgage insurance premium if your mortgage is insured with a company such as Genworth Financial Canada.