Posted on: 16th Sep, 2010 09:10 pm
Hello,
How much (in percent) do you need for a down payment to avoid CHMC fees?
Thanks in advance.
Andi
How much (in percent) do you need for a down payment to avoid CHMC fees?
Thanks in advance.
Andi
Oops, I mean CMHC!
Hi raggadyandi!
Welcome to forums!
As far as I know, the down payment for CMHC may vary. Depending on the type of mortgage you take out, the down payments will normally range from 5% to 20% of the purchase price.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
As far as I know, the down payment for CMHC may vary. Depending on the type of mortgage you take out, the down payments will normally range from 5% to 20% of the purchase price.
Feel free to ask if you've further queries.
Sussane