Flexible Sources for Down Payment
- Acceptable alternatives to down payment with non-traditional sources

- Lines of credit and lender cash backs

Features:

- Available for purchases of 1-2 unit residential properties

- Flexible financing options including extended amortizations to 35 years

- Suggested minimum beacon score of 650

Purchases or purchases plus improvements
Owner occupied units and secondary homes eligible. Competitive fixed or variable interest rate mortgages with 25 to 35 year amortizations are available for new construction or existing properties. CMHC, Genworth, or AIG insure these types of mortgages.

For more information, please visit:

http://www.cmhc-schl.gc.ca