5% down for 1st time buyers
-
the catch is that your interest rate will be higher.
I do recommend that you get a mortgage broker. HE/she will negotiate with the bank on your behalf and the broker has way more leverage than you may ever have (especially as a first time buyer)
The broker may cost you a flat fee of $500-$1500 (depending on many factors) but this could definitely save you much more than that in interest rates.
Anonymous 29 sep 2005, 03:01 - Denunciar
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Buying a condo in Toronto
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