I need HOW much down payment?
The answer to this question depends on whether your mortgage is insurable or UNinsurable. What is the difference between an insurable mortgage and an un-insurable mortgage? Insurable mortgages must meet the government requirements for Mortgage Default Insurance (commonly referred to as #CMHC insurance). Uninsurable mortgages are mortgages that are over $1'000'000, and/or have amortization of >25 years, and/or are refinances. Uninsurable usually means the rate will be a