Find Residential Mortgages
A residential mortgage is a loan provided by a lender to a borrower to purchase a home, which is often considered the ultimate goal for many families and individuals.
When applying for a residential mortgage, borrowers in Canada are required to provide financial information and undergo a credit check to determine their creditworthiness and the maximum loan amount. The loan amount, term, and residential mortgage rates are all factors in determining the monthly mortgage payment. At Enrich Mortgage Group, we understand the importance of these factors and work with our clients to find the best mortgage options available to them.
Our Residential Mortgage Services
We offer a variety of specialized residential mortgage services to cater to our clients’ specific needs. Our services include:
First-time Homebuyers: We provide customized financing options and support to first-time homebuyers looking to purchase their dream home.
New to Canada: Our team is equipped to assist newcomers to Canada in securing the financing they need to purchase a home. Whether you are on a Work Visa, Student Visa, or are a Permanent Resident, we offer lending options specific to your needs.
Purchase Plus Improvements: Our purchase plus improvements program allows borrowers to purchase a property and finance the cost of renovations, all in one mortgage payment. For more information, check also Renovation Mortgages.
Construction Draw Mortgages/Builder Completion Mortgages: Our construction draw and builder completion mortgage options provide financing for new home construction projects.
Self-employed Financing: We understand the unique needs of self-employed borrowers and offer flexible financing options to help them secure a mortgage. Whether you are a sole proprietor, in a partnership, or operating a corporation(s), one of our seasoned mortgage advisors can tailor financing to meet your needs and give you guidance to make your mortgage part of your overall financial plan.
Down Payment Assistance (Gifted, Borrowed): We offer down payment assistance options, including gifted and borrowed funds, to help borrowers achieve their dream of homeownership.
Investment Property: Our investment property financing options provide borrowers with the resources they need to purchase and manage rental or investment properties.
Family Plan (immediate family member): Our family plan options are designed to provide financing for immediate family members looking to purchase a property together.
2nd/Vacation Property: Have a stress-free experience by checking our tailored options for those looking to finance a vacation or second property.
Bridge/Interim Financing: Bridge the gap between purchasing and refinancing with short-term financing solutions.
USA Financing: We offer financing options for those looking to purchase property in the United States.
Government Assistance Programs: We know about government assistance programs and can help borrowers take advantage of these programs to secure financing.
First-time Home Buyer Incentive: Our team can help first-time homebuyers take advantage of the First-time Home Buyer Incentive program.
RRSP Withdrawal for Down Payment: Our team can assist borrowers in withdrawing from their RRSP for a down payment on a property.
Hardship Relief/Homeowner Assistance: We offer hardship relief and homeowner assistance options for those facing financial difficulties. See also Sagen, Canada Guaranty & CMHC’s programs
Energy Efficiency Incentive Program: We can help borrowers take advantage of energy efficiency incentive programs to reduce the cost of homeownership. See also CMHC’s program.
Why Choose Enrich Mortgage Group
Enrich Mortgage Group is dedicated to delivering top-notch residential mortgage services to our clients. Our team consists of highly experienced professionals who possess a deep understanding of the local market. We strive to assist you in finding the best residential mortgage rates by presenting you with optimal options that suit your financial needs. Our ultimate aim is to assist you in fulfilling your dream of homeownership by providing unparalleled customer service and support.