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

Buying a home with a zero down mortgage in BC is still possible with our 5% Cash Back Mortgage. This home loan is similar to the previous zero down mortgages we offered with one small difference; Instead of having no equity or no money down in the property, you actually have 5% which the lender gives you for down payment; it basically works like a loan.

With the rents in most of BC being so high, saving 5% for the down payment of your new home can be difficult. If you are tired of paying someone else's mortgage call one of our BC brokers today to see if the 5% Cash Back Mortgage is an option for you. If you have clean credit, full time employment which can support the projected payment and enough cash to cover the closing costs, you are an ideal candidate for a no money down mortgage.

Sub-prime Zero Down Mortgage - CURRENTLY NOT AVAILABLE

Some of our mortgage lenders do not insure their loans through the insurers (and thus the Government of Canada), they self insure their mortgages. This allows them to have loan products and policies that the banks cannot offer. With our sub-prime mortgage lenders, true zero down mortgages are still available and may be right for you and your situation if the 5% cash back mortgage in BC is not an option. Although the interest rates are a bit higher under these lenders, they are often the answer for those not qualifying through the banks.

BC Mortgage Brokers