When buying a home in Canada, understanding mortgage insurance is essential. This insurance isn't just a formality; it protects lenders if you default on your loan. With premiums varying based on your loan-to-value ratio, knowing the specifics can impact your financial planning. So, what are the requirements, and is it always mandatory? Let's explore the key aspects of mortgage insurance that buyers should know before making this financial commitment.

For informational purposes only. Always consult with a licensed mortgage or home loan professional before proceeding with any real estate transaction.

5 Things to Know About Mortgage Insurance

• Mortgage insurance protects lenders if homeowners default on payments and is mandatory for down

Home Builders in Edmonton, AB: Edmonton's Most Popular Home Builders Guide

The population of the Edmonton community continues to increase each year. As the population increases, so does the number of new construction homes in Edmonton and the number of companies that build them. Those who want to enjoy being the first person living in their home should read on to check out the most popular home builders in Edmonton. The companies listed below have an established reputation for providing homes better than buyers could even imagine. If residents of Edmonton are ready for a custom-built home luxury home, these Edmonton home builders can deliver on their dreams and more.

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