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Zero Down Mortgage in Edmonton (5% Cash Back Mortgage)
Did you know you still have an option for a zero down mortgage in Edmonton? You do, with our 5% Cash Back Mortgage. Although this mortgage has been around for a while, it is back and more popular than ever. Due to new guidelines which state that you must have 5% down payment to purchase a house, this product gives you the down payment you need to buy that new home today!
The 5% Cash Back Mortgage works just like a loan; the lender gives you the 5% you need for down payment and you pay the lender back over the 5 year term of the home loan through slightly higher interest rates. Why rent when there are still options out there that allows you to buy with no money down? Our zero down mortgage in Edmonton may be your answer to home ownership!
With the rents and living costs in Edmonton and area being so high, saving the down payment for your first home can be difficult. Let one of our brokers help you get over this hurdle and get you into your new home sooner; call one of our Edmonton mortgage brokers today and ask if the Zero Down Mortgage in Edmonton is right for you!
Sub-prime Zero Down Mortgage - CURRENTLY NOT AVAILABLE
Some of our lenders do not insure their loans through the insurers, they self insure their mortgages. This allows them to have policies that the banks cannot offer. With our sub-prime lenders, true zero down mortgages in Edmonton are still available and may be right for you and your situation if the 5% cash back mortgage is not an option. Although the mortgage rates are a bit higher under these lenders, they are often the answer for those not qualifying through the banks.



