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CMFC's 100% Plus mortgage is geared toward lower income earners. With the CMFC 100% Plus mortgage you pay No Deposit and No Legal Fees. The legal fees are included as part of the mortgage.
Now you can own your own home and afford to furnish it!
Some of the frequently asked questions include;
Q. What is the maximum that I can borrow?
A. The maximum 100% Plus Mortgage is BDS $200,000.
Q. What is the maximum repayment period?
A. The maximum repayment period is 25 years to age 70.
Q. If I already own a home, can I apply for a 100% Plus Mortgage?
A. No. CMFC's 100% Plus is for first time homeowners only.
Q. So I need to get life and property insurance coverage also?
A. Yes. Please read the Life Insurance and Property Insurance sections of our site for futher details.
Q. Specifically which legal fees will CMFC finance?
A. CMFC will finance the legal fees for the mortgagee and the borrowers attorneys.
Please call us at 431-4716 for further information.
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