100% available, rate ranges between 9.0% - 12%, first mortgage only.
As long as the applicant has credit score of 640 or higher, with minimum 3 tradelines and 1 with 36 months history, he/she can qualify for the 100% financing or 100% refiannce if he/she can debt service.
For thie program, because the lender self-insures, it does not involve CMHC or Genworth (as the 100% financing was halted 2008 October). A fee of 4% is applied on all applications with this lender. No area restriction.