Spooktacular mortgage moment!
A couple with two young children wanted to buy a detached home with a rental suite. They had several thousand dollars of consumer debt and no down payment. This didn't stop us from helping them get a mortgage. Down payment was provided by parents and rental income from the subject property was used. All debts were paid with $25,000 cash back from the lender who also provided an interest – only payment Line of Credit to cover both the mortgage and consumer debt. | GLM Mortgage Group
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