One Way To Avoid High Ratio Mortgage Insurance

 

It's possible to structure a $0 down mortgage. CFF bank has it made it much easier to do so.

CFF has released a line of credit program that requires no documentation (at least for me and everyone who has been approved so far).

CFF wants to see:
1. Minimum beacon of 650
2. You are not using much of your credit
3. Have a normal job or self employed

$25k maximum line of credit.

Husband and wife could get 50k total.

This will do 2 things:
1. Get you $0 down
2. Get you to 20% down so you don't have to pay CMHC fees and get you a re-advanceable

Pass this along to anyone that you know that is renting.

Call me 604 230-9392 for details on how it could work for your next purchase.