Home Purchase Mortgage
Find your perfect Mortgage with The Mortgage Girl.
Purchase home even if you don't have a down payment saved
Are you wanting to purchase a home but are having a hard time saving the down payment? If you have room in your ratios (income vs. debts) you may be able to borrow all or part of the minimum 5% down payment from a credit card, personal line of credit or a personal loan. This is called a Flex Down Mortgage. One thing to keep in mind with this option is that, along with your new mortgage payment, you'll also have another additional monthly payment to pay off the total borrowed funds.
When starting the process of buying a new home, there are several important things to be aware of.
Understand the home-buying process and talk to a Mortgage Broker about your options.
Gather financial documents and secure pre-approval for your mortgage loan.
Find an experienced Realtor and share your pre-approval details with them.
Explore Improvement Plus Mortgages for upgrades and ask your Broker for details.
Happy House Hunting!
The Mortgage Girl offers Mortgage Services to clients across Alberta, Edmonton, Gibbons, St. Albert, Sherwood Park, Thorsby, Millet, Leduc, Stony Plain, Spruce Grove, Fort Saskatchewan and the surrounding areas. Ability to do mortgages all across Canada.