Purchasing
There are many options when it comes to investing in real estate. There are also many products to achieve financing the purchase of a property. This is where we come in, giving our professional opinion on how to maximize the return on your investment.
Outside your principle residence, there are other programs to consider which include the following:
First Time
Home Buyer
You have dreamed about it and you have planned for it. Now you’re ready to make the biggest financial decision of your life! We can help make your dreams a reality. Contact one of our licensed mortgage agents for details or fill out the online application to get started making your dreams a reality.
Purchasing your
Primary Home
Looking to move to a larger home or looking to downsize? We can help use the equity in your current home to get you on the right path to new home that will fit the next chapter in your life. Selling and then buying can be overwhelming. Let one of our licensed mortgage agents help take the stress out of this process for you. Contact our office or fill out the online application today.
Buying a
Rental Property
A rental property can be a great investment tool to diversify your portfolio. A down payment of 20% is required for those with good credit, and for those with bruised credit a slightly higher down payment will be required. Interest on the loan is tax deductible. Contact a Kingston Mortgage Solutions Professional for further details.
Purchasing a Cottage/
Second Home
Looking for a cottage to enjoy during the summer? Want a second home in a different city for work? There are great products to make this happen. They can also accommodate buying a residence for children who are away at university or college. The down payment required is only 5% and can be taken from the equity in your existing home.
Purchase + Improvements/
Renovations
This is for clients looking to purchase a home that has great bones but needs a little tender loving care. The Purchase + program allows clients to make improvements immediately after taking possession of their new home and have the costs rolled into their mortgage payment.
Building Your Home/Construction Financing
For clients looking to build their own home, we offer several options for the construction phase and take-out mortgage once your build is complete.
New to
Canada
Securing a mortgage if you are new to Canada within the past two years can be difficult. There is limited or no credit available for lenders to analyze your profile, but we have programs to help. A down payment of 5% on a property may be available to you, but contact a Kingston Mortgage Solutions professional for further details.
Military / Employer
Relocations
Because Kingston is a military town, we are well-versed and experienced in handling relocating families to this great city. We will help maneuver the use of your ‘purses’ to best maximize interest savings and the paying down of your mortgage. We will tailor it to your needs. We will handle communication with Brookfield as well, on your behalf.
A Specific Solution for Each Scenario
We know that each situation is a bit different, which is why we look for specific solutions for each purchase. Whether it is a rental property, a vacation home, you are new to Canada, or just looking to add equity, we can help tailor a solution to your needs.