Buy with as little as 5% down!

 

Buying a rental property for real estate investment is easy when you have the right information.  In Canada 20% down is required to buy an investment property.  Refinancing your mortgage to access your home equity is the easiest way to get that down payment. It will also give you a tax deduction. Using savings can’t do that.

Did you know you can still buy Investment Real Estate with as little as 5% down?

 

It’s true!  CMHC and Genworth have programs allowing you to add a second property to your investment portfolio with only 5% down from your own savings, or home equity if you qualify.

 

The Recession and the plunging Stock Market have caused many Canadians to look to Real Estate for sound long-term ways to increase their net worth.  From 2008 to the present real estate ownership proved to be the best investment of all.

 

When you’re ready to add another property to your portfolio apply on-line, and remember

the team at My Home Loans is expert in refinance for Investment Real Estate.

 

 

3.29%

Subscribe to our Weekly E-Rates

Term

Bank Posted

Best Rate

 

 

 

 

Best 3 yr

fixed rate

 


 

30 day

Quick close

 

VRM Speical 

Prime -.15%

5% Cash Back

1 Year

3.20%

2.75%

2 Years

3.55%

2.85%

3 Years

3.95%

3.19%

4 Years

4.64%

3.15%

5 Years

5.44%

3.29%*

7 Years

6.35%

3.99%

10 Years

6.75%

3.89%

VRM

3.00%

2.90%

Cash

Back

5% - 5 yr

term

5.44%
 

 

** Interest Rates are provided for information purposes only and are subject to change at any time without notice. The products listed above are available only in Canada to Canadian residents. Rates shown are for single-family residential properties only and are subject to meeting all lender credit granting criteria. Rates shown above may be specific to the sender and some conditions may apply. E&EO
Last Updated on Monday, 14 May 2012 12:46
 

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