791-7750.
 

TYPES OF MORTGAGES AVAILABLE

High Ratio Mortgages:
Genworth Insurance or Canada Mortgage and Housing Corporation (CMHC) insure the lenders when your down payment is less than 20%. The minimum down payment is 5% of the purchase price of the home.

Conventional Mortgages:
The lenders finance mortgages where the down payment or equity is 20% or more.

  • Financing available for:
  • Purchase of existing homes
  • New construction
  • Acreages up to 40 acres with home
  • Land up to 1/4 section with home
  • Cottages and resort properties
  • Refinance your principal residence up to 90% for:
    .......     ....... .......- debt consolidation
    .......     ....... .......- renovations
    .......     ....... .......- investment
    .......     ....... .......- purchase revenue properties or beach properties
  • Transfer mortgages from one lender to another with no fees.

 

For more information about Crown Mortgage Services and mortgages, call 791-7750.