You’re paying for it… but it’s not protecting you. 😅
CMHC mortgage insurance is one of the most misunderstood parts of buying a home in Canada. Most people assume it’s there for them — it’s not. It protects the lender if you default. You just foot the bill.
Before you sign anything, make sure you actually understand what you’re paying for. That’s what we’re here for. 📩 DM us or call +1-416-668-4943.
#OntarioRealEstate #FirstTimeHomeBuyerCanada #Reversemortgage #MortgageTips #Refinancing
