Toronto, Ontario, Canada
A conventional mortgage in Canada necessitates a minimum down payment of 20% of the property’s purchase price, resulting in a loan-to-value ratio of 80% or less. This 80% portion, provided by your mortgage lender, is commonly known as the lending value.
At 6ix City Mortgages, we are your trusted partner for securing your dream home or investment property with our range of conventional loans. A conventional loan offers borrowers a flexible and competitive financing option, ideal for those who have a strong financial profile.
Our conventional loans require a minimum down payment of 20%, allowing you to borrow up to 80% of your property’s purchase price. This means you’ll avoid the additional costs associated with mortgage insurance, making it a cost-effective choice for well-qualified borrowers.
Our experienced mortgage professionals at 6ix City Mortgages are committed to tailoring conventional loans to your unique needs, ensuring that you benefit from the most competitive interest rates and terms. We guide you through the process, providing expert advice and support every step of the way, making your homeownership or investment dreams a reality.
Discover the advantages of conventional loans with 6ix City Mortgages and let us help you achieve your real estate goals.
At 6ix City Mortgages, we’re more than your mortgage broker in Brampton and Mississauga – we’re your dedicated partners in the pursuit of homeownership. Established under the counsel of Raj and Amar Sandhu, with a fervent commitment to excellence and a burning passion for making dreams come true, we’ve become a trusted name in mortgage financing.