Canada Mortgage and Housing Corporation (CMHC) is home to Canadians. In everything they do, CMHC helps Canadians live in safe, secure homes. As the Government of Canada's national housing agency, CMHC plays a major role in Canada's housing industry. CMHC develops new ways to finance home purchases. They encourage innovation in housing design and technology. CMHC’s mortgage loan insurance helps Canadians realize their dream of owning a home. CMHC assistance helps low-income and older Canadians, people with disabilities and Aboriginals live in decent, affordable homes. They create jobs for Canadians with products and services that help the housing industry export its knowledge and skills to other countries. CMHC's leading-edge research improves the quality and affordability of housing.To help Canadians benefit from their housing expertise and make informed decisions, CMHC has become Canada's largest publisher of housing information. They also have Canada's most comprehensive selection of information about homes and housing.

This is a Crown Corporation set up under the National Housing Act (NHA) to insure lenders of high ratio mortgages against losses in case of default by the borrower.

A Crown Corporation that insures High Ratio (over 75% of the appraised value) mortgages against default. Typical CMHC insurance rates are 1% to 3% of the loan amount.