No better time to finance your home purchase
Doom and gloom in the financial markets should not be keeping you from getting a terrific deal on home financing right now. Mortgage lenders are falling all over themselves coming up with innovative products to ensure that willing buyers are able to make the move to homeownership. The days of zero percent down are not over! It is indeed still possible to finance 100% of your purchase, subject to credit approval, of course. And if you need some extra financing to cover your closing costs or some immediate repairs or upgrades, some lenders are prepared to offer up to 7% cash back on a 7-year, 7% loan. Affordability is the key to obtaining the right financing for your circumstances. By all means, contact your lending institution when seeking a mortage or refinancing. And then enlist the help of a mortgage broker to provide the broadest possible options available in this market. As a Realtor, I am in daily contact with a variety of mortgage lenders and I would be happy to refer you to reputable brokers who are waiting to help buyers like you. Call me at (705) 427-1251 or (416) 945-8380. I'm here to help.