BC Construction Mortgage Information – Home Warranty Insurance Companies
Thinking of building your home instead of buying? Virtually all lenders require that new construction in BC be insured under some warranty program. You will qualify for a mortgage if….
- You are having your home built by a New Home Warranty Insured builder OR…
- You are a homeowner and building the home yourself, you must obtain an exemption from the Homeowner Protection Office (HPO). You will need to purchase Home Warranty Insurance
The following insurance companies provide the New Home Warranty coverages required by most lenders to the homeowner/builder:
