Sorry the No Down Payment Mortgage has expired!
Below were the details of this extinct mortgage product. For your best up to date mortgage info give Jeff Zabel a call 519-772-3763 x 1. He is a mortgage consultant and will be more than happy to let you know the best product for your needs. He compares mortgages between all the banks for you. Best of all he gets paid by the banks, so no money out of your pocket.
www.kitchenerwaterloohomes.com.
| Example: | $160, 000 | Purchase Price of Home |
| 5% cash back on mortgage |
- $8,000 | (which becomes your down payment) |
| ------------- | ||
| $152,000 | Mortgage | |
| 5,700 | CMHC insurance premium 3.75% | |
| ------------- | ||
| $157,700 | Mortgage + CMHC prem. | |
| Current Rates | Payment: | |
| 5 Year 25 yr. amortization (posted 6.85%) | $1091.28 Principle and Interest/Month | |
| OR | ||
| 7 Year rate 25 yr. amortization discounted by 50 basis points (7.35% posted rate - 50 basis = 6.85%) | $1091.28 Principle and Interest/Month | |
|
* You must have your own closing costs 1.5% of Purchase Price or $2400 cash * Good credit history * Good employment history. ** Some conditions do apply. | ||
For more information, questions, or comments
please email
us: carolh@golden.net
Wright
(mortgage consultant)
519-241-1929
(associate
)
Office: 519-570-4447 Direct: 519-772-3759
FREE
You can get a free report titled "The 16 Critical Issues You Must Know Before Buying Or Selling A Home In Kitchener Waterloo" , just type in your name and e-mail address in these boxes and hit submit. You'll get a free copy by return e-mail.
Keller Williams Golden Triangle Realty, Brokerage, Brokerage
Independently Owned and Operated
Office Office: 519-570-4447 Direct: 519-772-3759 Direct 519-772-3759
Copyright 2000
