Cash Back Program
Purchasing a home can be expensive and some buyers are left wondering how they are going to manage all of the associated costs. Our Cash Back program provides borrowers with up to 3% Cash Back of their total mortgage amount (applies to Purchase transactions that are insurer-approved only).
The funds from the Cash Back can help provide some flexibility to help pay for closing costs. You could even use the cash back for:
- Renovating a particular area of the home
- Buying furniture
- Paying for moving costs
*Note: The Cash Back amount cannot be used for the down payment
If the mortgage is discharged, refinanced or transferred for any reason, you may be responsible for repaying a portion of the Cash Back amount.