|
High
Ratio Mortgage Premiums
CMHC
Premiums
|
Loan-to-Value |
Premium on Total Loan |
Premium on Increase to Loan Amount for
Portability and Refinance |
|
Standard Premium |
Self-Employed without 3rd Party
Income Validation |
Standard Premium |
Self-Employed without 3rd Party
Income Validation** |
| Up to and
including 65% |
0.50% |
0.80% |
0.50% |
1.50% |
| Up to and
including 75% |
0.65% |
1.00% |
2.25% |
2.60% |
| Up to and
including 80% |
1.00% |
1.64% |
2.75% |
3.85% |
| Up to and
including 85% |
1.75% |
2.90% |
3.50% |
5.50% |
| Up to and
including 90% |
2.00% |
4.75% |
4.25% |
7.00% |
| Up to and
including 95% |
2.75% |
6.00% |
4.25%* |
* |
90.01% to
95% —
Non-Traditional Down Payment*** |
2.90% |
N/A |
* |
N/A |
|
|
Greater than 25 years, up to and including 30
years: 0.20%
Greater than 30 years, up to and including 35 years: 0.40% |
|
