Little or No Downpayment? No Problem!

If you have no down payment saved up, there are available  and flexible mortgage options for home buyers in Calgary, Alberta. These existing programs provide an option for a first or second time home buyer to purchase a home, with a conventional mortgage at today’s rates. Potential home buyers can purchase their dream home now, rather than wait and watch the market values increase. We have innovative and affordable solutions for owning a home.

Get Pre-Approved Today!

Lock in Your Interest Rate

When you are pre-approved for a mortgage, you can guarantee the quoted rate for up to 120 days! If rates go down, you’ll get the lowest rate in effect for your term.

With a quick call or email, you’ll know:

  • Upcoming home purchase budget and options
  • Your interest rate and regular payment dollar amount
  • What you will be paying toward principal and interest
  • How long it will take to completely pay off your mortgage

Flex Down is Ideal for:

  • Renters that worry they will not be able to find an affordable home by the time they have saved enough money for a down payment
  • Those with a portion of their down payment saved, but need a top up to buy now
  • Young professionals and others just beginning, who might have high student loans they want to pay off
  • Those with a steady job that would prefer to use their savings for alternate items

Additional Details

  • Different forms of non traditional sources for down payment are accepted
  • Line of credit is accepted and also lender cash backs
  • Available to purchasers of 1-2 unit residential properties in Calgary Area
  • Flexible mortgage plans
  • Canada Mortgage and Housing Corporation (CMHC) and Genworth will insure your mortgage
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