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It is important to know your options and the product that is available to you based on your credit and income situation.  Let us work the numbers out to determine what your...

When to put more than 5% down-payment

Insured Mortgages Vs Conventional

1. Less than 20% down payment is an insured mortgage. Minimum 20% or more down is a conventional or uninsured mortgage. 2.Insured mortgages have a maximum amortization of 25 years. 3. Conventional or uninsured mortgage amortization is more than 25 years such as 30 to 35 years. Any time the purchase price...

Indigenous Economic Response – $306.8 Million Dollars

  National Aboriginal Capital Corporation Association (NACCA) team has been working for over 7 weeks with federal partners for specific assistance for entrepreneurs. PM Justin Trudeau announced $306.8 million dollars to support indigenous businesses. The funding will allow for short-term, interest-free loans and non-repayable contributions through Aboriginal Financial Institutions, which offer financing and business support services to...