What is mortgage insurance (aka – “high-ratio” insurance)? Click the link below to view a simple video from Genworth Canada on what mortgage insurance is and why you’ll need the coverage if you have less than 20% down payment.
And as always, if you have any questions or need assistance with your mortgage, please give our team a call. We’re here to help you through every stage of the buying/mortgaging process. www.gibbardgroup.com.