Mortgage Insurance helps home buyers achieve the dream of home ownership sooner by allowing you to purchase a home with less than 20% down payment, while paying the same competitive intreest rates as those with a larger down payment. There are three mortgage insurance companies in Canada to choose from. Canada Mortgage and Housing Corporation, Genworth and Canada Guarantee. Not all mortgage insurance companies will insure all types of properties. Want to know more and need help? Just let me know.