Go Back   BuildingHomes.ca - Building your community! > Members List

Regular User

FadedBlue FadedBlue is offline

Senior Member

Visitor Messages

Showing Visitor Messages 1 to 1 of 1
  1. Tara Wilkins
    2009-11-06 10:22 PM
    Tara Wilkins
    Good evening FadedBlue,

    I saw your posting online regarding LOC or RRSP. I come from financial sales in the Mutual Fund industry.

    You are correct in thinking you have lost a lot in the last two years, and could profit 8-15% this year alone as the market bounces back.

    Your LOC will not work with the Banks, as you need to provide at least 5% of your downpayment from your own funds. However, there is an option for a cash back Mortgage option. If you received a gift from your parents, or relative, on the closing date you would receive a cash back in your bank account - which you could pay them back on the day you move in.

    If you have any further questions, let me know. It is a great time to lock in a rate for 120 days now! Rates are extremely attractive.

    Tara Wilkins
    Mortgage Specialist

About Me

  • About FadedBlue
    not yet
    Type of House
    not yet


Total Posts
Visitor Messages
General Information
  • Last Activity: 2021-02-14 03:15 AM
  • Join Date: 2008-09-28


Showing Friends 1 to 1 of 1

All times are GMT -4. The time now is 12:35 PM.

Copyright © PHAND Corporation
This document may not be used elsewhere without the expressed written consent of PHAND Corporation.
*** There is no association between this website and any builder. ***

Powered by vBulletin® Version 3.8.10
Copyright ©2000 - 2022, vBulletin Solutions, Inc.