Canada Guaranty Insurance
A Canadian private investor group, on April 16, 2010, comprised of the Ontario Teachers’ Pension Plan and National Mortgage Guaranty Holdings Inc., acquired AIG United Guaranty Mortgage Insurance Company Canada. This transaction created the only Canadian-owned private mortgage insurance company, known as Canada Guaranty Mortgage Insurance Company (“Canada Guaranty”).
The introduction of Canada Guaranty will benefit lenders, mortgage professionals and consumers by fostering a competitive market dynamic and creating new choice among mortgage insurance providers. With a wide range of mortgage default insurance products for loans above 80% loan-to-value, as well as low loan-to-value products that assist our partners with capital and liquidity management, mortgage insurance from Canada Guaranty protects lenders and investors from losses related to borrower default and foreclosure.
National Underwriting Centre contact details
Toll Free: 1.877.244.8422
Toll Free Fax: 1.877.244.8448
E-mail: underwriting@canadaguaranty.ca
Call Us
604-628-5040
Email Us
| Term | Rate |
|
PRIME |
3.00% |
|
Variable |
2.79% |
|
1 Year |
2.89% |
|
3 Year |
2.99% |
|
4 Year |
3.19% |
|
5 Year |
3.29% |
|
10 Year |
3.99% |
