This is the Triple-A Mortgage.
There are a few names, bank lending, due to banks historically lending to best credit clients, a borrower, strong covenant.
How do these mortgages look when someone wants to buy a home?
Remember, there are land transfer taxes as well as other fees if you are not a First Time Home Buyer.
Below is an illustration of a Triple-A Borrower closing on a new home. Check out other borrower types here.
In this scenario, we have assumed the client has already owned a home.
There are always other costs that can be associated with your mortgage. Consult a Mortgage Agent or Broker. After closing, there are other home expenses you want to pay attention to when it comes to home ownership.
