Confused by different mortgage terms?
BREATHE easy. The help you need is right here.
Purchasing a home is a smart investment. Yet whether you are buying a home, refinancing or simply renewing, the mortgage you choose is an important decision. Working with an independent mortgage professional is the first thing you can do to ensure the process is simple, convenient, and in your best interest.
FIVE-PERCENT DOWN PROGRAM:
This allows buyers to obtain up to 95% financing on properties up to a certain value. The loan must be insured against default by one of Canada's default insurance companies.
Use our Mortgage Terms Glossary to learn more about mortgages and the process you’ll go through to obtain one.
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