If I have to sell my house 2 .5 years into the first 5 of a 40 year mortgage due to employent statuse change, and do not buy another, do I get any portion of the CMHC back?

If you miss one mortgage payment nothing really happens if you contact the lender right away and notify of the situation. The bank can withdraw a double payment next month to complete the missing mortgage payment.

My fiancee is living in parents house but his name is also on the mortgage. I believe the mortgage is under my fiancee`s name and his mom only. The problem is my fiancee an I are now planning to jointly apply for mortgage. My fiancee doesn`t pay for any mortgage payments on their house. The parents does. His name is just linked on the deed. How will this affect CHMC approval? Their house is assessed at around $370 k and the house we want is $250 k.