Dreaming of owning your first home? 
Thinking of renovating? 
Investing in a rental property?

AIG United Guaranty has the right program to make it happen. We have made it our vision to be the leader in innovative mortgage insurance products. What does this vision mean for you, the consumer and home buyer? Innovative products and flexible solutions.

More down payments options: AIG United Guaranty offers 5% and 5% Flex down payment options.

More amortizations options: AIG United Guaranty offers 35 year amortizations.

AIG United Guaranty’s 11 unique insurance products enable you to make lower down payments, buy the home you want today, and have cash available to cover the closing costs.

Ask your lender or mortgage broker about AIG United Guaranty’s mortgage insurance products, or click here to find out more.


Why Mortgage Insurance?

Brief history of Mortgage Insurance (MI)

Mortgage insurance was introduced to the Canadian market in 1954 when the National Housing Act was amended to allow for mortgage loan insurance. It was initially created to provide default protection on loans with low down payments, making home ownership more accessible for all Canadians. Since its inception, mortgage insurance has grown to occupy an increasingly important and integral role in Canadian housing market for the following reasons:

• Assumes a portion of the lender’s risk and losses related to high loan-to-value home purchases.
• Helps provide stability in economic downturns while maintaining the safety and soundness of the housing finance system.
• Provides greater home ownership access to a greater number of Canadians.

Click here to find out more about the Canadian National Housing Act.