Buying your new home is exciting, but all the expenses can seem overwhelming. Taxes, moving costs, closing costs, and fees don’t have to be stressful with a Cash Back Mortgage. If you’re a first time homebuyer keen to buy real estate, our personalized Cash Back Mortgage can help smooth over the process and get your big move underway, stress free.
A Cash Back Mortgage is a type of mortgage available to Canadians who want a cash buffer during the first few months of home ownership. The amount of cash back you get is typically 3% of your mortgage. Speak with our team about which terms would work best for you.
You’ll receive your cash the date your mortgage is advanced. That timing allows borrowers to cover any costs or expenses they need to deal with when buying real estate. A Cash Back Mortgage can be especially helpful for first-time buyers that may not know all the ins and outs of buying real estate in Canada.
Take advantage of a fully-personalized Cash Back Mortgage to get the most favourable terms. We will explain all of the terms and conditions and help you find the right terms to help you meet your financial goals. Apply today to get pre-approved within just 24 hours and stop worrying about cash during your home buying journey.