The CMHC has implemented various home mortgage insurance premium surcharges to handle taxpayer risk exposure. Borrowers can make one time payments annually and accelerated bi-weekly or weekly payments to pay for mortgages faster. Low-ratio mortgages can still require insurance if the price is very high and total amount borrowed exceeds $1 million. The CMHC provides first time home buyer tools and home mortgage insurance to facilitate responsible high ratio lending. Mortgage brokers access wholesale lender rates not available straight to secure discounted pricing.

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