Residential
Mortgage
Residential Mortgage Services
We Specialize In
The minimum down payment can be as low as 5% for an insured mortgage. Alternatively, if you choose not to buy mortgage insurance, the minimum down payment requirement is 20%. We tailor our services to best meet the client’s needs based on their individual financial situation.
Low Down Payment
If you're a Canadian citizen or permanent resident earning income from outside of Canada, securing a mortgage might seem complicated—but it doesn’t have to be. At Fortune Link Mortgage Group, we specialize in working with clients who have non-resident or overseas income and are looking to invest in Canadian real estate.
Overseas Income
When applying for a mortgage in Canada, your credit score is very important. Generally, banks prefer a score of 680 or higher. However, we have successfully helped clients with credit scores below 680 secure mortgages, with some as low as 400. If you’re concerned that a low credit score may affect your mortgage approval, feel free to contact us for assistance.
Low Credit Score
Each bank’s mortgage policies vary slightly. Since we work with over 50 banks and financial institutions, we are highly familiar with the mortgage policies of many lenders. This allows us to assist clients with low reported income in finding the most suitable bank and loan solutions for their needs.
Low Reported Income
Each time an additional property is acquired, the calculations for a new mortgage application change, and securing a mortgage becomes increasingly difficult. We have extensive experience in assisting clients with multiple properties in applying for mortgages
Multiple Properties