Important Notice Contact your Ontario Mortgage Team Professional today to see if you qualify for this program before is it cancelled |
Government of Canada Moves to Protect, Strengthen Canadian Housing Market
The Government of Canada announced early July 2008 adjustments to the rules for government guaranteed mortgages aimed at protecting and strengthening the Canadian housing market. In addition to a minumn 5% down payment click here to read what other changes have been made to reduce the risk of a U.S.-style housing bubble developing in Canada. |
No Down Payment ~ No Problem @ fully discounted rates!
Unlike traditional zero down payment programs charging Bank Posted Rates of up to 6.99% you may qualify for the Genworth Financial (GE Capital) NEW 100% Mortgage Program at fully discounted rates as much as 1.55% off Bank Posted Rates.
Are you?
1) Gainfully employed with verifiable income
2) Maintained good credit for a minimum of 2 years
3) A minimum Beacon Score of 680
4) Meet standard Borrower Qualifications
If you have answered yes to these 4 questions Click Here for more information & then Click Here to Apply Now and together with the OntarioMortgageTeam
Professional of your choice and start searching for your Dream Home today.
* Rates subject to purchaser / property qualifications and change without notice, effective May 06, 2008.
