Zero Down Mortgages

Mortgage RatesDespite what you may have heard, zero down mortgages are still available across Canada, and at great rates.

Do you have good credit and a steady income but are having trouble saving enough for a down payment?

Here is how it works:

  • You must have a clean credit history with no previous bankruptcies and no late payments in the past two years
  • You must have good job stability (two years in the same line of work is preferred)
  • Borrowers must intend to live in the property
  • 5% of the purchase price in cash back is given at closing to cover the minimum down payment required by CMHC.
  • If you have any questions about zero down 5% cash back mortgages, please feel free to contact Scott Dawson by any of the methods below:

    Phone: (778) 668-9320
    Email: scott.dawson@verico.ca