Trying to save up a down payment to purchase a home?  No need.  The Flex Down mortgage allows you to borrow the down payment and closing costs?

• You can borrow the down payment and closing costs to purchase a home.
• The mortgage lender will have to include the monthly cost for the borrowed funds as a liability in the debt section.  If your income covers both the debt for borrowed funds and the mortgage it is fine.
• A minimum credit/beacon score of 680 is requited which is average to good.
• Regular mortgage products and discount rates apply.
• An immediate family member can also loan/gift you the money.  If it is a gift then we do not have to include the costs as a liability.

Please do not hesitate to call or email with any questions on the product or process.

Robert Clancy

Residential and Commercial Mortgage Agent

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SAFEBRIDGE Financial Group
Broker License #10524

Direct Line | 416-899-1467

Fax | 1866 385-4049

E-mail | robert@safebridgefinancial.com

Website|www.bestratesmortgages.ca