Investment Property Mortgage
Investment Property Mortgage

Investment Property Mortgage

More and more Canadians are adding ownership in investment properties as a solution to their retirement planning. With a minimum of 20% down you could own a second property or a rental property and you could use the equity built up in your home as your down payment.

There are certain Pros and Cons that come with this type of Investment Property Mortgage.

Pros:

  • Owning a new property
  • Extra Income
  • Tax Saving

Cons:

  • Maintenance of the property
  • No income at the time of vacant property

So, basically, you first need to assess if you have got all the points right to go ahead with aninvestment property mortgage program.

For more information, contact our investment property mortgage brokers today!