Real-Estate Investment OpportunitiesEquity Investment OpportunitiesReal-Esate Mortgages Apply for a Mortgage Safely and Securely Online.


You can now finance you second home or cottage with as little as 5% down!

Lifestyles are changing and many people are choosing to purchase second homes either for personal or career reasons.  Up until now, home buyers were required to have a 25% down payment for a second home purchase.  Now qualified borrowers can obtain Homeowner Mortgage Loan Insurance for the purchase of a second home or cottage any where in Canada with as little as 5% down and no increase to the applicable homeowner premiums and surcharges, no increase in underwriting fees and no additional borrower qualifications.  With the introduction of this new product, owning a vacation home or having a home away from home when away on business, can become a reality for many more Canadians.

Permitted
Products

  • Second Homes may be submitted on all Homeowner Mortgage Loan Insurance products with no additional underwriting requiments or mortgage loan insurance premiums.

Maximum
Number of
Properties

  • You can insure a maximum of two homeowner mortgage loans to a borrower or co-borrower.

Occupancy 


  • At initiation, the property that secures the homeowner mortgage loan must be intended for occupancy at some point during the year  by the Borrower, or a releative of the borrower on a rent      free basis

General
Property
Requirements

 

  • The property can be located any where in Canada as long as it is suitable and available for year round occupancy.
  • Properties that are constructed for seasonal use, or have seasonal access, are not eligible.
  • Properties located on an island must have year round bridge or ferry access.
  • Time-share interests, life leases and properties in rental pools are not eligible.




Please contact our
Broker/Owner, Mike Rowell to learn more about the financing of your second home or cottage.

Suite 207,
264 Midpark Way SE.
Calgary, Alberta  T2X 1J6
Canada

Phone: 403.802.0366
Fax: 403.802.0766
Toll Free: 866.802.0366

mike@trimorfinancial.com

Call or use our online mortgage application to apply today!


Apply Online!