FORMS & WORKSHEETS
TOOLS & RESOURCES
FIRST-TIME HOME BUYERS
Canada Guaranty helps take the worry out of moving with the Borrower Loyalty Credit offered through the Portable Advantage. Borrowers with a Canada Guaranty-insured mortgage may now qualify for a premium credit when porting their mortgage within the first two years – yet another example of how Canada Guaranty is taking mortgage insurance and making it better.
Port with Increase:
Existing Canada Guaranty-insured borrowers will be eligible for a premium credit applied to the premium paid on the original Canada Guaranty-insured loan within 24 months.
Time from Original Closing Date & Percentage Credit of Original Premium Paid:
NOTE: All Canada Guaranty mortgages continue to be portable beyond the 24-month term of the Borrower Loyalty Credit.
NOTE: Mortgage Insurance premiums are non-refundable.
Last Updated: 03/17/2017
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