We are very pleased to announce that as of March 2013 we are once again able to offer 0 down mortgages / Cash Back mortgages across Alberta through our Credit Union partners. With the recent changes to Zero Down mortgages in Canada this a great option for anyone that has been unable to save for a down payment but has a good credit history.
The cash back mortgage is only available on a 5 year fixed interest term and the interest rate is typically set at the 5 year posted rate for this type of financing. Today’s rate on the 5% cash back product is 5.24%. **
To find out more about this program and see if you qualify please visit:
Calgary's Mortgage Broker