Buying with zero cash down. Is it really possible?

The first time you see the ad Scotia Bank 100% Mortgage Program, you may ask yourself...What's the catch? Perhaps Scotia Bank still requires the 20% down, but gives you the option of a line of credit? OR...they really offer to finance you 100% BUT with rates a lot higher than the regular mortgages? Something to ponder about. The real answer is none of the above and it was confirmed this … [Read more...]

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