Today's Rates:

A MORTGAGE FOR EVERY SITUATION?

 Arlene specializes in Residential Mortgages for:

 1^ST TIME BUYERS:  Answering questions, giving advice, explaining the home buying process. Complimentary Home Buyer Packages available!

NON-RESIDENTS OF CANADA:  Arlene has extensive experience in arranging mortgages on Canadian properties for residents of the U S and other countries.  A minimum 35% down payment is mandatory, unless you are re-locating to Canada. (Some lenders insist on 50% down.)  Our mortgages are less complicated and usually easy to arrange than those in the U S.  Call Arlene for more details.

SELF-EMPLOYED: With 35% down, competitive mortgage financing is available for self-employed clients, even though their actual declared income may be much lower than what is usually required. (Good credit rating is a must.) With less than 25% as a down payment, self-employed clients will have to show 3 years of qualifying income.

CONSTRUCTION:  Property purchase and construction mortgages. Keep in mind that no lender wants to take over a partially complete project. Arrange your financing at the beginning of the project, or expect to complete building and have the occupancy permit, before you will be able to finalize and have your mortgage funds to pay out the costs.

PURCHASE WITH IMPROVEMENTS:  With as low as 5% down, clients can purchase a home that may require renovations before they move in. An example would be a new kitchen or bathroom, or a new roof. Call for more details.

5% DOWN: You don’t have to be a first time buyer to take advantage of this low down payment!  It must be a home to live in, it cannot be strictly an investment property. (CMHC or GE insurance guidelines.)