Creative solutions to help homewowners...
April 30, 2020 | Posted by: Natalie Wellings
These are times of uncertainty and you might be stressed and hesitant to make a purchase or transfer your mortgage to a new lender right now. I can help!
One of my lending partners is offering an interest free payment for the first 3 months of your mortgage. You would only be responsible for the principal portion of your mortgage payment for the first 90 days, saving you hundreds of dollars each month. The lender is paying the interest on your behalf so it is not added on to the loan. This is being offered at a very competitive interest rate.
I have another lender that is offering the option of a 1%, 2% or 3% cash back on your mortgage to give you some peace of mind.
In addition to these offers for new customers, mortgage lenders are offering up to 6 months mortgage payment deferrals for existing homeowners to help them through COVID-19 related financial challenges.
It’s really great to see my lending partners offering creative solutions to help Canadians through this trying time.
If you have any questions about these programs please reach out! I am here to help.