Alfredo Borrello
Version Français | Contact Us

Hypotheca Montreal Courtier Hypothecaire Alfredo Borrello

Alfredo Borrello 514 247 2917    
Home Page | Our Products | Advice | Standards | Rates | Coordinates |

  Home Page
 

Our Products

  Renewing your mortgage
» 0% Deposit
  Self employed
» Credit problems?
  Multi-Units
  Commercial
 

Advice

  Weekly vs Monthly
 

Standards

  Down payment
  Home Buyer’s Plan (HBP)
 

Rates

  Our current rates
 

Coordinates

  Online request (mortgage)
  Contact us

0% Deposit

 

Financing with 0% deposit

You have an excellent credit rating? 
You have had a stable employment for at least a year?
You have 1.5% of the purchase price
If yes, then you are the ideal candidate to make a purchase of a property without a down payment!

  1. It is the bank that provides you with the 5.5% cash back advance for down payment at the time of the purchase. Since the banks do not provide any gifts, they will recuperate this down payment by applying a slightly higher interest rate over a period of 5 years. The rate will be the 5 year posted rate also know as the Prime rate.
  2. Bank requires you have in your own savings 1.5% of the purchase price also known as the start-up fee's

Verify the examples:

5.5 % Deposit

25 years          2.75%

30 years          2.95%

 

 

 

Ask me how you can earn an extra .50% cash back for free

Calculate your mortgage

Discounts clients

Online request
 
 
 
 
 
 
  Tous droits réservés 2007 | Copyright - All Rights Reserved. 2007 - Website construction and optimization SEO Placement | Trinakria.ca