Genworth MI Canada Inc., through its subsidiary, Genworth Financial Mortgage Insurance Company Canada, is a private residential mortgage insurer in Canada. The Company provides mortgage default insurance to Canadian residential mortgage lenders, making homeownership more accessible to first-time homebuyers. The Company offers choice of flexible mortgage default insurance products for the purchase, renovation or refinancing of homes across Canada. Its products and solutions include Homebuyer 95 program, New To Canada program, Purchase Plus Improvements program, Progress Advance program, Homebuyer Privileges Program, and Homebuyer Education. Homebuyer 95 program provides qualified borrowers with an opportunity to own a home with as little as a 5% down payment. Qualified homebuyers who have immigrated or relocated to Canada within the last five years are eligible under Genworth's New to Canada program to purchase a property with as little as a 5% down payment.