FORMS & WORKSHEETS
TOOLS & RESOURCES
FIRST-TIME HOME BUYERS
The Flex 95 Advantage program offers a flexible down payment option for borrowers with a strong credit history. The borrower may access 5% equity from sources not covered in our Down Payment Advantage™ program.
NOTE: Maximum LTV is subject to adjustments based on local housing market conditions.
1. Port from Flex 95 Advantage to Flex 95 Advantage
The premium will be the lesser of:
2. Port from Flex 95 Advantage to Standard Canada Guaranty-insured Loan
3. Port from Standard Canada Guaranty-insured Loan to Flex 95 Advantage
*Please see the Portable Advantage™ product sheet for details regarding standard premium rates and the Borrower Loyalty Program.
NOTE: Mortgage Insurance premiums are non-refundable.