MORTGAGE SYSTEM

CANADA

1. National & Regional Lenders
2.200Lenders
3. Womb to tomb lending process
4. Variable Amortization – 5, 10, 15,
20, 25 years
5. Fixed interest rate term – 6 months to
5 years
6. No interest rate deductibility
7. Capital Gains not taxable
8. Funds primarily from deposit base,
9. CMHC competes with private
insurance
10. CMHC has a significant market share