Introducing the new 100% Mortgage Program!!!
Genworth Financial Insured Mortgage is insuring
mortgages for clients purchasing an owner occupied home
with no down payment required.
The requirements are as follows:
- Strong Credit - Minimum Beacon Score 680
- No Bankruptcies
- Minimum - 2 years credit history on 2 trade
lines
- Maximum amount $700,000 in Metro Toronto, Metro
Calgary, Metro Vancouver. Rest of Canada
$600,000
- Purchases only
- Borrower must have closing cost of 1.5% from own
resources or be included in the TDS amortized
over 12 months at the mortgage interest rate
The mortgage insurance premium will be 3.75%, which can
be added to the mortgage amount. The bonus is that
the amortization can be extended up to 35 years.
You can take a fixed or a variable rate product with the
broker discounted rates.
If you are interested in this product, please contact me and we can discuss it further.
Sincerely,
Karen Loehndorf, AMP - Accredited Mortgage
Professional
Broker/Owner of Canquest Mortgage
Inc.
CANQUEST MORTGAGE
Calgary, Alberta, Canada
direct: 403.242.4392
cell: 403.861.6969 fax: 1.403.249.4536
website: www.canquestmortgage.com
email: karen@canquestmortgage.com
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