No Money Down Mortgage

Buying a home with no money down is now a reality! 100% financing has now become commonplace in Canada, as more and more lenders are realizing that there are many responsible clients, who just don’t have a savings history that would allow them to put money away for a down payment. The only cost to you is the appraisal, and legal fees.

  • To be eligible for this mortgage you must support a steady employment history of two or more years in the same line of work, and no less than six a months at the current place of employment.
  • Have clean credit: This would entitle having a history of making payments no later than one month from the due date, as well as having no bankruptcies on record for the past two years.

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