Making Homeownership Easier

Mortgage Insurance is a critical tool in enabling homeownership for almost 40 per cent of Canadian buyers. Genworth Canada offers tools to help realtors educate homebuyers about affordable homeownership. We are dedicated to building products to help you work with more homebuyers, and providing tools to increase your brand potential.

As supporters of the Canadian Real Estate Association, we're committed to the success and professional development of REALTORS by providing you with:

What is Mortgage Default Insurance?

Mortgage Default Insurance is a great way for homebuyers to achieve the dream of homeownership without a large down payment.

There are two types of mortgage options: conventional mortgages which require a minimum 20 per cent down payment and high ratio mortgages, which are designed for people who do not have the 20 per cent down payment. High ratio mortgages require mortgage default insurance. This insurance provides the lender with the flexibility to offer homebuyers the same competitive interest rates available to those with a larger down payment. This insurance should not be mistaken for Mortgage Life Insurance, which protects the homeowner in the event of death, sickness, unemployment or disability.

Helping You Sell More Homes

Genworth Canada is there to help meet Canadians' needs through the different stages of their lives. We offer a competitive choice of flexible and innovative mortgage default insurance products for the purchase, renovation or refinancing of homes across Canada.

Genworth Canada introduced mortgage default insurance portability to Canadians. Most lenders have a portability feature, allowing homebuyers to transfer their original mortgage to a new property, preserving a low interest rate. If they decide to transfer their mortgage to a new home, and Genworth Canada insures it, they may be able to port the mortgage default insurance as well, allowing them to save on future insurance premiums.

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At Genworth Canada, we understand your needs and the needs of your homebuyers and encourage them to ask their lender for a Genworth-insured mortgage, and together, we'll help Canadian families realize their homeownership dreams.

Homebuyer Education

Genworth's online resource,, helps Canadians build their knowledge of the homebuying process and make their homeownership experience an informed and responsible one. Our intention is to educate Products (all products listed here)