Canadian Real Estate Investing

• The Borrower must live and work in Canada.

• Purchase of a Second Home with a 25% Down Payment.

• Current Rate is 6.75% on a 30 year fixed rate mortgage no prepayment penalty.

• Refinance and N/O/O purchase is not allowed.

• All income and assets not have to be verified.

• International Credit Report is pulled.

• The borrowers must have valid passports.

• A Power of Attorney cannot be used to close the loan