1 rich Libsyn https://www.libsyn.com 90 600 Getting to the Bottom of Mortgage Insurance in Canada 🏡 | CMHC, High-Ratio Mortgages &amp;amp; First-Time Buyers In this Q&amp;amp;A session, Raman breaks down one of the most misunderstood topics in Canadian real estate — mortgage default insurance (a.k.a. CMHC insurance). Here’s what you’ll learn in this video: 🏦 When Mortgage Insurance Is Required — Anytime a buyer puts less than 20% down, lenders require default insurance. 🧾 Why It Exists — Protects lenders if the buyer defaults on their loan, ensuring they’re not left with a loss if the market drops. 👩‍💼 Even with 20% Down — Lenders may still require insurance in certain situations (e.g., self-employed buyers, seasonal income, higher risk profiles). 🏡 First-Time Buyers vs. Subsequent Purchases — First-time buyers can put as little as 5% down, but subsequent purchases typically require 10%. ⚠️ Insurance doesn’t guarantee loan approval — the buyer must still meet lender qualification criteria. Understanding default insurance helps both buyers and real estate professionals set clear expectations and guide financing conversations confidently. 👉 Learn more or enroll at www.albertarealestateschool.com 📲 Subscribe for more Alberta real estate Q&amp;amp;As, tutorials, and exam prep content.&amp;nbsp; &amp;nbsp;Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments. 💯 We train tomorrow's top Real Estate Agents and Mortgage Associates in Alberta! 🔥 💻: www.albertarealestateschool.com 📞: 587-936-7779 #AlbertaRealEstate #MortgageInsurance #CMHC #HighRatioMortgage #RealEstateTraining #AlbertaRealtor #RECAReady #RamanAtwal #FutureRealtorsOfAlberta #AlbertaRealEstateSchool #RealEstateQandA #RealEstateCanada #FirstTimeHomeBuyer #MortgageTips #RealEstateEducation #DefaultInsurance Alberta Real Estate Tutor http://albertarealestateschool.com <iframe title="Libsyn Player" style="border: none" src="//html5-player.libsyn.com/embed/episode/id/39910460/height/90/theme/custom/thumbnail/yes/direction/forward/render-playlist/no/custom-color/88AA3C/" height="90" width="600" scrolling="no" allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen></iframe> https://assets.libsyn.com/secure/item/39910460