Webinar – Insured Mortgages
Title: | Expert Series – Insured Mortgages |
---|---|
Location: | Delivered in an interactive Zoom environment |
Start date: | 13 November, 2024 |
Cost: | $0.00 for members |

Expert Series – Insured Mortgages
Presented by CMBA-BC & MBIBC
Wednesday, November 13, 2024, at 9:30AM
FREE For CMBA-BC Members
Mortgage qualification criteria for insured mortgages are in for significant adjustments in the near future. Most notably:
- effective December 15th , the $1 million price cap for insured mortgages will be increased to $1.5 million
- effective December 15th, eligibility for 30-year mortgage amortizations will be expanded
- effective January 2025, there are to be mortgage insurance rule changes to enable homeowners to add secondary suites
This is on top of changes CMHC recently made to a number of its policies, including:
- the 2023 changes to its eligibility requirements and premiums for the CMHC Home Start program offering lenders mortgage loan insurance for first-time homebuyers purchasing a newly built home
- the April 2024 enhancement to its rental income policy
- the opportunity to use its Improvement product to install a suite for home purchase and use the future rental income to support debt servicing
Knowing the ins and outs of these policies can better equip you to more fully service your clients. Come learn about these tools from CMHC’s own Laura Kershaw.
SPEAKER
Laura Kershaw
With over twenty-three years working in the financial services industry, Laura Kershaw is a key resource for CMHC in Western Canada for navigating all things related to mortgage loan insurance. Laura is based in the Interior of British Columbia, managing accounts across Western Canada. In her role, she is responsible for client training and outreach, and she collaborates closely with BC based lender head offices as their primary contact for CMHC.
Host & Moderator
Deb White
Deb has been assisting her clients with their mortgage needs since April 1999. She established White House Mortgages in January 2005. As an award-winning broker she prides herself on her ability to find the best rate for her clients’ mortgages and to find solutions to even the most difficult mortgage approvals. She has been ranked in the top 75 brokers across Canada over the past 14 years. Deb is a Past President of CMBA-BC and the current President of CMBA National. She served as a director on the CMBA-BC board from 2012 – 2015.
Thank You to Our Sponsor
What our past attendees have to say about the Expert Series Webinars
Important information learned from the Q and A session.
All of the speakers and the content was useful and educational!
Excellent, extremely valuable, and pertinent in today’s climate.