How can you avoid paying cmhc
May 19, 2010
Thanks for the question
You can avoid using CMHC and paying their premiums if you have a sufficient down payment. If you have 20-25% of the payment required to purchase the house in cash, depending on the financial institution, you can bypass CMHC.
Mmore info can be found at http://www.cmhc-schl.gc.ca/.
ZDog
