British Expats
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British Expats (https://britishexpats.com/forum/)
-   Canada (https://britishexpats.com/forum/canada-56/)
-   -   Again mortgage question (https://britishexpats.com/forum/canada-56/again-mortgage-question-554846/)

snowdemon Sep 4th 2008 9:57 pm
Re: Again mortgage question
 
As a non resident I had to put a 30% deposit down and was given a discounted rate of 4.15% for 5 years - I think it was closed.

MB-Realtor Sep 5th 2008 2:07 am
Re: Again mortgage question
 
Originally Posted by snowdemon (Post 6751575)
As a non resident I had to put a 30% deposit down and was given a discounted rate of 4.15% for 5 years - I think it was closed.
You can get 5% deposit as a new immigrant, provided your have a "fair" Credit Rating, which would take 6 - 12 months to get, and a permanent job. Its harder if you are self-employed you will have to wait till you can prove your income (tax return) to get the smallest deposit.


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