Zero Down Mortgage in Calgary (5% Cash Back Mortgage)

Contrary to what you may have heard, our Calgary mortgage brokers can still get you a zero down mortgage; our 5% Cash Back Mortgage. This mortgage has been around for a while however due to the elimination of the 'true' zero down mortgage in Calgary a couple of years ago, it is back and is our most popular mortgage request. The idea behind the 5% cash back mortgage is simple, the mortgage lender gives you the 5% you need for down payment and you pay them back over the 5 year term of the mortgage through slightly higher interest costs; just like a loan.

The cost of living in Calgary is high; saving a large down payment for some first time buyers is just not an option; this doesn't diminish the desire to be a homeowner however for these clients. A Calgary mortgage broker can show you how you can get into the housing market sooner and start paying off your own mortgage instead of your landlords with our zero down mortgage in Calgary!

If you have decent credit, full time employment and can handle the payments of a mortgage, the zero down mortgage in Calgary may be for you. Talk to a Calgary mortgage broker to find out how you qualify.

Zero Down Mortgages in Calgary