They Myth Surrounding 5% Down Payment

September 15, 2020 | Posted by: Joe Ferraro

Many homebuyers are often shocked when they realize that the minimum down payment amount is  not truly 5%, but actually higher when they purchase a property.

This quick video gives you a high level overview of what to calculate and expect, prior to house hunting.

If I can help you in any way, DM me or call/text me at 416.616.5390 OR email me anytime at

Please like, save this post and/or share it with anyone you feel could benefit from this information. 

#Mortgage #MortgageBroker #MortgageTips 

Joe Ferraro is a mortgage agent ( often referred to as a mortgage broker ) who specializes in mortgages for first time homebuyers , refinances , renewals, debt consolidation , private mortgages and investment property and properties all across Ontario , specifically in The Greater Toronto Area , GTA , including but not limited to Stouffville , Markham , Unionville , Aurora , Richmond Hill , Newmarket , Oshawa , Ajax , Pickering working while having a vast network of realtors and real estate professionals across the province.

Back to Main Blog Page

Share This Page On: