CMHC Purchase

Helping to Make Dreams of Homeownership Come True

For most people, the hardest part of buying a home — especially a first home — is saving the necessary down payment. CMHC-insured financing can help open the doors to homeownership by enabling homebuyers to purchase a home with a minimum down payment starting at 5%*.

Download Fact Sheet (PDF)

* Minimum equity requirements are outlined in the Product Highlights section.


  • Access to Homeownership — With a minimum down payment starting at 5% from flexible sources.
  • Competitive Interest Rates — Access to CMHC-insured financing, and as a result, competitive interest rates.
  • Availability — Products and services available coast-to-coast-to-coast.


  • Loan-to-value ratios up to 95% for 1 – 2 unit owner-occupied properties.
  • Loan-to-value ratios up to 90% for 3 – 4 unit owner-occupied properties.
  • Down payment flexibility — In addition to traditional sources, non-traditional sources of down payment are permitted for loans with loan-to-value ratios from 90.01% – 95%.
  • Flexible financing options — single advance and progress advances are available.
  • CMHC-insured mortgages are portable — helping to reduce or eliminate the premium on the purchase of a subsequent home.
  • CMHC homeowner mortgage loan insurance is available to a maximum of one owner-occupied property (1 – 4 units) per borrower/co-borrower at any given time.
  • CMHC offers mortgage loan insurance premium refunds for homeowners who purchase an energy-efficient home or purchase an existing home and make energy-saving renovations. See CMHC Green Home for more information.



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