CMHC New Product Announcements and Enhancements

CMHC for Housing Finance Clients and International Clients	November 2007

CMHC New Product Announcements and Enhancements

CMHC continually introduces new products and improves on existing ones to meet your needs. Our new products and service enhancements are intended to meet today’s market realities, help you confidently grow your business and better serve your clients.

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Open new doors to a range of financing options for investors of small rental properties
CMHC’s process changes for small rental properties of 1 – 4 units provides borrowers with greater housing finance flexibility and choice and streamlines the application process for lenders.
Open New Doors to Homeownership for Self-Employed Borrowers with CMHC Self-Employed Simplified
CMHC is pleased to announce that it is enhancing its mortgage loan insurance approval system, through a product enhancement called CMHC Self-Employed Simplified, to help more self-employed borrowers realize their dream of homeownership.
CMHC is pleased to introduce the latest enhancements to its homeowner mortgage loan insurance!
CMHC's new enhancements will enable you to offer greater housing finance choice to your customers and streamline the approval process so that you can focus on growing your business.

CMHC Flex 100 offers insured mortgage financing for purchase transactions of up to 100% of the home’s value for qualifying borrowers
CMHC Flex 100 helps lenders offer financing of up to 100% of a home’s value on purchase transactions — bringing Canadians even closer to their dreams of homeownership.
CMHC introduces extended amortization periods of up to 40 years for homeowner mortgage loan insurance
CMHC’s extended amortization flexibilities provide Approved Lenders with the ability to better meet the needs of their customers.
Enhancements to homeowner mortgage loan insurance to address client operational needs
CMHC is making a series of enhancements intended to respond to the realities of today’s market and to better meet the needs of clients.
CMHC Enhances Flexibility and Reduces Monthly Mortgage Costs
CMHC is helping to make home ownership more affordable and accessible for Canadians by eliminating mortgage insurance application fees, extending amortizations and offering more flexible repayment options.

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