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Wednesday, March 10, 2010, 12:30 am

TERM      OUR RATES   POSTED RATES

 

6 Mths          3.85%         4.65% 
1 Year          2.35%         4.35% 
2 Year          2.75%         3.95% 
3 Year          3.30%         4.50% 
4 Year          3.74%         5.14% 
5 Year          3.69%         5.49% 
7 Year          4.99%         6.60% 
10 Year        5.30%         6.95%
 
Closed Variable  1.95%
Open Variable    3.05%
Prime Rate         2.25%


As of March 10, 2010.

Rates may vary provincially and are subject to change without notice.

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Butler Mortgages

0% Downpayment Mortgages

No Money Down Mortgage

Many Banks and Mortgage Lenders in Canada have came out with products that allow you to finance up to 100% of your new home purchase. This helps people who would rather allocate their down payment for other reasons such as cleaning up high interest debt or for the purchase of new home furnishings.  

Here is how it works:

1. The mortgage is 100% of the properties purchase price or appraised value 

2. You must have a clean credit history (No previous bankruptcies and any late payments in the last two years)

3. You must have good job stability (two years in the same line of work is preferred) 

Home ownership may be closer than you think!

Many young families can afford a mortgage payment, but with the high cost of living it can be very difficult to save for a down payment. So why rent when you can own? 

Call or contact us today to find out if you are eligable for a 0% down mortgage.

CLICK HERE TO APPLY NOW