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News from Canada's Mortgage Experts

Top 10 Benefits of Mortgage Insurance # 6 & 5

Wednesday, Dec. 2, 2009

Posted by: Nick Ametrano, Vice President

Number 6 - Own and Enjoy a Vacation Property

If your financial situation is in good standing and you are thinking about buying a vacation property, there are mortgage insurance options that will allow you to do so. Be sure to ask us about what will work best for you.

Number 5 - Overcome Traditional Barriers to Financing

More and more homebuyers who may not have qualified for a mortgage are benefiting from mortgage insurance - for example, those who are self-employed or work on commission. With mortgage insurance, people who have good credit but might not meet conventional lending criteria can qualify for the financing they need.