100% Financing

There are a number of options available for borrowers without a downpayment. The following are some examples of the current 100% financing options available.

 

FLEX DOWN

  • Down payment is borrowed (example: Credit Cards, Line of Credit, and Personal Loan)
  • Credit score must be high
  • Insurance premium of 2.90%, added to mortgage
  • Client can qualify for "best" discounted interest rates
  • All types of properties on owned land (not rented pad) are eligible

 

5% CASH BACK (Not available for down payment)

  • 5% cashback provided at time of closing to lawyer
  • Credit score must be high
  • Insurance premium of 2.90% is added to mortgage
  • Interest rates are lenders posted rates (Call for Rates)
  • All types of properties on owned land are elegible

 

Apply now to see which option will best suit your needs.

Apply Now

Apply Now

Just as an insurance broker finds you the best deal on insurance, a mortgage broker finds you the best deal on mortgage.

Stacy Bell-Powell

Suite #102
2016 Sherwood Drive
Sherwood Park AB Canada
T8A 3X3

p: 780.995.7099
t: 866.995.7099
f: 780.401.3379

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