The Vacation / Secondary Home Program allows borrowers to purchase a second home with an affordable monthly payment with 5% down payment. Eligible Properties Secondary Homes (Type A) Maximum 1 unit The property must be owner-occupied or occupied by an immediate family member New construction covered by a lender approved New Home Warranty Program* Existing […]
A lender When you’re looking for a mortgage, there’s a variety of different lenders out there. “A lenders,” or traditional lenders, refer to banks and credit unions that cater to customers with good credit scores and a reliable income — these are considered an “A” clientele. The majority of people looking for mortgages have traditionally […]
Not always an exciting read, but we need to know, I have highlighted some points I think you may be interested in OTTAWA — Finance Minister Chrystia Freeland laid out how federal spending might be reshaped along with a bumpy recovery, saying relief will be targeted and likely greater than what was needed after the […]
So, I am sure you are aware that interest rates are at an all-time low! For people purchasing a new home and putting less than 20% down, meaning they are going through CMHC or Genworth to insure their mortgage, I can get as low as 1.35% variable! This is the lowest rate I have seen in my 25-year career […]