{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Mortgage Insurance in Canada - CMHC, High-Ratio Mortgages &amp; First Time Buyers","description":"Getting to the Bottom of Mortgage Insurance in Canada \ud83c\udfe1 | 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 \u2014 mortgage default insurance (a.k.a. CMHC insurance). Here\u2019s what you\u2019ll learn in this video: \ud83c\udfe6 When Mortgage Insurance Is Required \u2014 Anytime a buyer puts less than 20% down, lenders require default insurance. \ud83e\uddfe Why It Exists \u2014 Protects lenders if the buyer defaults on their loan, ensuring they\u2019re not left with a loss if the market drops. \ud83d\udc69\u200d\ud83d\udcbc Even with 20% Down \u2014 Lenders may still require insurance in certain situations (e.g., self-employed buyers, seasonal income, higher risk profiles). \ud83c\udfe1 First-Time Buyers vs. Subsequent Purchases \u2014 First-time buyers can put as little as 5% down, but subsequent purchases typically require 10%. \u26a0\ufe0f Insurance doesn\u2019t guarantee loan approval \u2014 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. \ud83d\udc49 Learn more or enroll at www.albertarealestateschool.com \ud83d\udcf2 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. \ud83d\udcaf We train tomorrow's top Real Estate Agents and Mortgage Associates in Alberta! \ud83d\udd25 \ud83d\udcbb: www.albertarealestateschool.com \ud83d\udcde: 587-936-7779 #AlbertaRealEstate #MortgageInsurance #CMHC #HighRatioMortgage #RealEstateTraining #AlbertaRealtor #RECAReady #RamanAtwal #FutureRealtorsOfAlberta #AlbertaRealEstateSchool #RealEstateQandA #RealEstateCanada #FirstTimeHomeBuyer #MortgageTips #RealEstateEducation #DefaultInsurance ","author_name":"Alberta Real Estate Tutor","author_url":"http:\/\/albertarealestateschool.com","html":"<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>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/item\/39910460"}