Insured 30-year mortgages for FTHB

Effective August 1, 2024. the government allows insured 30-year mortgage amortizations for first-time home buyers purchasing newly built homes. When selected, the three insurers will add 0.20% to the insurance premiums. 
 

How to enable 30-year insurance premiums

 Tap the insurance amount to view the new menu and enable the new FTHB rules.
 

In the Compare side-by-side Tool

 

In the Pre-Qualification Tool

We hope you enjoy this new update. If you have questions about using your mortgage app, please contact our support via chat in settings.