Mortgage Insurers

Bridgewater Bank is proud to have our mortgages insured with CMHC, Genworth, and AIG United Guaranty.

CMHC

The Canada Mortgage and Housing Corporation (CMHC) is Canada’s national agency.  CMHC is committed to helping Canadians access a wide choice of quality, affordable homes, while making vibrant, healthy communities and cities a reality across the country.  CMHC works to enhance Canada’s housing finance options, assist Canadians who cannot afford housing in the private market, improve building standards and housing construction, and provide policymakers with the information and analysis they need to sustain a vibrant market in Canada.

Genworth Financial Canada

Genworth Financial is among the leading providers of mortgage insurance internationally.  Mortgage insurance makes it possible for homebuyers to purchase a home using a lower down payment.  Mortgage insurance protects lenders and investors against loss if the mortgage loan is not repaid, and therefore it allows lenders to offer loans requiring as little as a 0 percent down payment.

AIG United Guaranty Canada

AIG United Guaranty (AIG) is one of the world's largest mortgage insurance companies and has now officially launched operations in the Canadian market. With more than 40 years experience, AIG has the unique ability to combine mortgage insurance and risk management, providing solutions that meet the changing needs of the mortgage marketplace.