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Blog by Linda M Linfoot

Cash Back Mortgages

June 29th, 2015

Cash-back Down Payments Dead - This Week

The door is closing on one of the last remaining forms of 100% financing.
On June 30, 2015 insurers are banning cash-back down payment mortgages. Only a handful of lenders still market these products, and they’re all provincially-regulated credit unions. OSFI has effectively barred cash-back down payment mortgages at the federal level (e.g., at banks ...

Linda Linfoot FULL Mortgage Broker Offering "Exclusive" Banking and Financial Services

June 12th, 2015

Exciting News!!
My brokerage is now also a licensed BANK which means I can offer you great products and rates (along with great mortgage products). This ADDs to the advantage of having 55 lenders exposed to me for mortgage products!

Banking Products available are as such:

- NO FEE chequing accounts

- Unsecured Lines of Credit

– This can help with your client’s Down payments

- TFSA's - s ...