Investment Property Mortgage
Mississauga Mortgage Agent
Since April 19th, 2010, Canadian's are required to have at least a 20% down payment on a rental property purchase. Purchase or Refinance an investment property up to 80% LTV. In investment property mortgage, with a minimum 20% down payment, purchasers have many options available to them when buying investment/rental property.
What is the cost for Mortgage Insurance in an Investment property mortgage? With 20% down, the mortgage is conventional, and no mortgage insurance is required.