Commonly known as CMHC/Sagen/Canada Guarantee insurance, mortgage default insurance is a mandatory type of insurance that Canadians have to purchase if they cannot make a down payment of 20% or more. Mortgage default insurance protects your lender, in case you ever defaulted on your mortgage loan.
« Back to Glossary Index
ABOUT US
Prairie West Mortgage Group Inc. provides advice and solutions for clients wishing to acquire new mortgages with competitive market rates. Products range from mortgages, lines-of-credit and mortgage life & disability insurance plans. We are a mortgage solutions team powered by Indi Mortgage - The Independent Mortgage Company.
HEAD OFFICE
Address
223 14 Street NW, Calgary, AB T2N 1Z6
info@indimortgage.ca | 800.517.8670
Compliance Officer
Gord Appel
Ph: 403.714.4663
Email: gord.appel@indimortgage.ca
Broker of Record
Gord Ross
Ph: 800.517.8670 ext 301
Email: gord@indimortgage.ca
Copyright © 2026 Prairie West Mortgage Group Inc. | Term & Conditions | Website Design & Maintenance by: CHICK-A-DEE Web & Graphic Design