24 May

Important Mortgage Information for US Investors

General

Posted by: Eileen Craig

Did you know that US investors can get mortgages in Canada with as little as 20% down?

With so many US investors taking an interest in Whistler these days, I figured a US mortgage application cheat sheet might come in handy. Here’s the scoop:


 

Important mortgage information for US investors

 

 

 

 

 

 

 

Download the US Investor Cheat Sheet PDF here:  EC_-_US_Mortgage_Cheat_Sheet_060216.pdf

Any questions or need a pre-approval?  Call me!

Eileen


_______________________________________________________________________________________

Eileen Craig, Independent Mortgage Professional

DLC and Sea to Sky Mortgages
7003 Nesters Road, Whistler, BC, V0N 1B7
Direct: 604-698-8583  

Eileen@seatoskymortgages.com

 
facebook.com/EileenCraigMortgageBroker
linkedin.com/in/EileenKCraig

 

​Review me at:  Google+/Eileen Craig​

​Apply online: eileencraig.ca/how-to-apply-mortgage​

 

24 May

Minimum Down Payment Cheat Sheet

General

Posted by: Eileen Craig

In February 2016 new mortgage rules came into effect the changed the minimum down payments required for mortages based on home values.  

The new rules require a minimum of 5% down for the first $500,000 and 10% down on the portion above $500,000 to a maximum of $1,000,000.  

Here’s a handy-dandy cheat sheet for calculating down payments under the new CMHC rule:

 

Minimum Down Payment Calculator

 

Click here to download the cheatsheet PDF:  EC_-_MinPaymentCalculator.pdf

Any questions?  Please give me a call!

Eileen Craig

 

_________________________________________________________________________________________________________

Eileen Craig, Independent Mortgage Professional
DLC and Sea to Sky Mortgages
7003 Nesters Road, Whistler, BC, V0N 1B7
Direct: 604-698-8583  

eileen@seatoskymortgages.com

 
facebook.com/EileenCraigMortgageBroker 
linkedin.com/in/EileenKCraig

 

​Review me at:  Google+/Eileen Craig​

​Apply online: eileencraig.ca/how-to-apply-mortgage​