"Zero Down" Mortgages

Yes there is a new mortgage in Canada that will allow you to finance 100% of your new home purchase. You can also use this mortgage product to refinance up to 100% of your homes value for renovations, debt consolidation etc.

Here is how it works:

The mortgage is 100% of the properties appraised value
You must have a clean credit history (No previous bankruptcies and any late payments in the last two years)
You must have good job stability (two years in the same line of work is preferred)

That’s it! Rates are currently as low as 7.15% (yes — this is higher than the rates posted elsewhere on our site, but given that you need no down payment, plus you can start building equity, this may be worth your while.)

For more information please call.