"NO DOWN PAYMENT" MORTGAGE
Are you thinking of buying a home but do not have the initial downpayment? Here is a solution to help you out! Our mortgage consultant, Ian Wright, with Mortgage Intelligence, has just received information of a new product available for those that want to buy but do not have the time to save a down payment (see below).
If you want to take advantage of this no down payment mortgage, or want more information on it drop us an email or call Ian and tell him that you saw this new incredible offer on the Hammer Team website -
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
