Mortgage Intelligence

Oshawa's Mortgage News Desk!


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Did you know???

When buying a home, you can borrow your down payment through

Image by courtesy of makaaniq.makaan.com

Image by courtesy of makaaniq.makaan.com

  • Personal loans
  • Lines of credit
  • Credit cards

Thinking of buying a home? Speak to an expert at Mimortgage.ca today, to find out how you can qualify under the “Flex Down” plan.

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Homebuying For Beginners

 A Ten Point Plan For Smart Homebuying

Contact the mimortgage.ca team today, for advice on down payment options for a home, best possible rates or for assistance with planning your finances. To get pre-approved today, apply now through our secure online website or speak to one of our agents at (866) 452-1100.


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Tap Into Your RRSP

First Time Home Buyers

Use your RRSP as a downpayment.

If you have RRSP savings you have a down payment that you can access now and take up to 15 years to repay. You may also be able to save on CMHC Insurnace when buying your home, but using your RRSP funds to put down more than 5% of the purchase price.  You and a spouse can use up to $25,000 each as a down payment if neither of you has owned a home in the past.

First Time Buyer

Include renovations in your mortgage.

 

We are pleased to provide you with valuable information about using your RRSP so you can buy a home now!     Here is the information RRSP as a down payment

If you wish to take advantage of historically low mortgage rates, please apply now using our secure online mortgage application today!

Do you have a question about using your RRSP as a down payment? Use the handy form below to reach out to us and we’ll be happy to answer your inquiries. If this article is helpful, pleases share it with your Facebook friends!


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Rent-to-own for beginners (6/7)

How are rent-to-own payments structured?

 

If you are looking to buy a home on rent-to-own and want to find out more information on how payments are structured, contact the mimortgage.ca team today. To get pre-approved today, apply now through our secure online website or speak to one of our agents at (866) 452-1100.


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Rent-to-own for beginners (4/7)

How much down payment do you need for rent-to-own?

If you have found a home to buy for rent-to-own and need advice on down payment options, contact the mimortgage.ca team  today. To get pre-approved today, apply now through our secure online website or speak to one of our agents at (866) 452-1100.