Purchases
Are you mad because you have to rent? Want a plan that may be able to help you break the cycle of renting? Perhaps you have had credit issues in the past. Maybe you have not had a chance to save for a downpayment. We will analyze your situation and put a plan in place to help put you on the track to homeownership. It may happen right away, or it may take several months, but with over 15 years experience helping thousands of potential homeowners just like you, I am confident I can help get you on track towards owning a home sooner than you think!
Better than bank rates
No downpayment financing for purchases (95% financing with 5% cashback)
95% financing available based on self-declared income (at top rates!)
Amortizations up to 40 years (35 years on insured deals)
120 day rate guarantees
Whether you are purchasing your first home, or if you are already a home owner considering making a change, I can help. My sole purpose is to find you the most appropriate financing at the best possible rate. My reputation and excellent service will allow us to negotiate deals with our lending partners to offer you better rates than any of the local banks or credit unions.
Let me get you into the home of your dreams!
Extending your purchasing power
Most borrowers establish the size of the mortgage they are willing to take out based on the amount of the payment. At CMI, we can help you extend your purchasing power. Let's take a look at an example.
If you were to walk into a branch of a major Canadian bank, a $150,000 mortgage at 5 year posted rates over 35 years would give you a payment of $794.66, which may be the most you can afford.
At CMI, with a payment of $794.66, we could get you a mortgage of $183,950! Just think of what a difference an extra $33,950 would make if you were trying to consolidate your debt, or find a more suitable home to purchase in Trenton, Belleville or anywhere else in Ontario.