Sometimes, buying your first home or investment property can seem somewhat overwhelming. In today’s market, the buyer is in a far stronger position than he/she has been in previous years. Having said that, the market dynamics does not replace the need for the proper amount of research, due diligence and attention to the details, fees and lending issues you will face as a first time home buyer. An experienced mortgage broker like Silex Financial Inc. can provide you with the help you need.
You may even qualify for a FHA (Federal Housing Administration) loan with low down payment options as low as 3.5% for purchase transactions for qualified borrowers or a 100% USDA guaranteed loan with no money down, 100% financing, depending on location, income and other factors.
In this website, we have compiled a list of FAQs, calculators and links/resources to help you with this important decision. We believe in helping our customers—online and offline—by providing you with all of the relevant information you will need in this process.
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