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8 Nov

100% , no money down, Purchase Financing is Alive and Well in Canada


Posted by: Darick Battaglia

100% Financing, or No Money down, mortgages are still possible in Canada. You can borrow the 5% required down payment from a line of credit or loan,or obtain 100% financing with a slightly higher premium paid in the interest rate. You must have a minimum beacon score of 680 or higher to be considered for this product, your income must be able to debt service the mortgage and you must be owner occupying the home. To find out more, feel free to contact us today.BXP53636.JPG