A Net Worth Mortgage is a specialized mortgage designed for high net worth individuals. It takes into account not only…
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Who is eligible for a High Net Worth Mortgage in Canada?
To be eligible for a High Net Worth Mortgage, you must be a Canadian resident and file taxes in Canada.…
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What types of assets are considered eligible for a High Net Worth Mortgage?
Eligible assets include GICs, TFSAs, ESOPs, Mutual Funds, Chequing & Saving Accounts, and more. Assets must be unencumbered and held…
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What can I use a Net Worth Mortgage for?
Net Worth Mortgages can be used for various purposes, including purchasing a new home, refinancing an existing mortgage, and switching/consolidating…
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What is the maximum loan-to-value ratio for these mortgages?
High Net Worth Mortgages offer loan-to-value ratios of up to 80% for borrowers with a total debt servicing ratio of…
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How long is the maximum amortization period for a Net Worth Mortgage?
The maximum amortization period for these mortgages is 30 years, providing flexibility in managing your mortgage payments.
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Why should I choose Dominion Lending Centres for my Net Worth Mortgage?
Working with Boychuk Mortgage Group as your mortgage broker is free, easy, and cost-effective. We specialize in high net worth…
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How do I get started with a Net Worth Mortgage application?
To get started, simply click the button on this page. You'll be redirected to our online mortgage application. Alternatively, wait…