This second type of mortgage default insurance helps individuals who otherwise would not financially qualify to purchase a home, or enter into the real estate market. (remonline.com)
You must pay for mortgage default insurance if your down payment is less than 20 % of the purchase price of your home. (mortgagecentresaskatoon.com)
One of the best strategies for avoiding mortgage default insurance premiums — and to get into the market sooner — is to buy a house that? (moneysense.ca)