Mortgage Intelligence

Oshawa's Mortgage News Desk!


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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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Tighter Lending Rules Self-Employed are Targeted.

CMHC to introduce more changes to Self Employed Lending.

Over the past 5 years we have seen options for zero down mortgage, no income qualified, options, 40 year Amortizations disappear from the lending landscape. And its about to happen again as even stricter rules come into play at the en of May 2014.

With this in mind, we want to share a valuable video with you. Food for thought if you will. Don’t be let down if you need a mortgage! Watch our video and contact us using the handy form below. We can help!


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Holly Cow It’s True! 2.99% 5 yr Mortgages.

Holly Cow that’s a great offer!

 

Mortgage Rate Special

Enjoy Our 2.99% Mortgage Rate Special

Apply today to get  our 2.99% 5 yr rate special. Must complete the mortgage within 45 days of application, OAC.