Back to Blog
30 Apr

Discontinuation of CMHC Second home and Self employed Income Products

General

Posted by: Rose and Joe Baldin

Effective May 30th,2014 CMHC will limit the availability of homeowner mortgage loan insurance to a maximum of one residential property per borrower or co borrower at any time. CMHC is also discontinuing its self employed without third party income validation mortgage insurance product effective May 30,2014.