Zero Down Mortgage in Fort McMurray
Our most popular loan in Fort McMurray is the zero down mortgage. This loan, also known as the 5% Cash Back Mortgage, allows buyers to get into the housing market with no money down; at least none of your own money. The idea behind the zero down mortgage in Fort McMurray, is for the lender to lend you the 5% you need for down payment, and then you pay it back over the term of the mortgage by paying posted bank mortgage rates instead of the best rates we offer.
Obviously its nice to get the best mortgage rates, but when you consider you can get your down payment paid for it helps to ease your pain. Generally the zero down mortgage in Fort McMurray is similar to qualify for a traditional 5% down mortgage however you must have clean credit, full time employment and be able to service the payments. If you are tired of paying the high rental rates, then call one of our mortgage brokers to see if the zero down is an option for you!
Call one of our Fort McMurray Mortgage Brokers today, or apply online for a Free Pre-Approval today.
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