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Think Default Insurance is for High Ratio Mortgages?

The conventional thought is that default insurance is mainly for high ratio loans (mortgages with a LTV 80% or higher).  However, this is simply not true.  61.7% of insured mortgages with CMHC are for mortgages with a LTV under 80%.

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7 Responses to “Think Default Insurance is for High Ratio Mortgages?”

  1. […] Not true, most mortgages with default insurance are for low ratio loans. […]

  2. Thought provoking post. Thanks. You have brought some clarity to something I have been trying to figure out.

  3. Nena Odowd says:

    Hello Can anyone recommend a good loan modification attorney? Or do you think I should try this myself. If so, can you recommend a good training kit so I will know what not to do?

  4. Hello, I thought I’d post a comment and inform you that your blogs layout is really screwed up on the Firefox browser. Seems to work ok in Internet Explorer however. Anyhow keep up the good work.

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  7. Omnis Review says:

    What a great post! Thanks for sharing it on your blog.

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