RBC program changes help you get thmortgage you need
As a leading mortgage lender in Canada, RBC Royal Bank® is always looking for new solutions to help consumers finance the home of their dreams.
In the past year, we’ve made a number of enhancements to our lending programs to help make mortgage lending more accessible to a broad range of clients with a broad range of lending needs.
Some of the enhancements we have made include:
·        Increased the maximum mortgage amount available to newcomers to Canada , self employed clients and clients who have a high net worth but who do not meet traditional proof of income requirements
·        Expanded our program for temporary employees on work permits and non-resident clients to improve the opportunity for financing home purchases
·       Removed the cap on the number of investor properties a client can finance with RBC
·         Improved our program for vacation properties, which now allows us to treat many vacation properties in the same manner as a traditional home purchases.
·        Introduced 2 new options that allow clients to use borrowed funds and/or mortgage cash back towards the the down payment on a home purchase.
Contact me today to find out more how these program enhancements can help you achieve your dreams of homeownership.
And don’t forget to get pre-approved. An RBC Royal Bank pre-approval lets you know precisely what you can afford and guarantees the rate for up to 120 days.  Armed with an RBC pre-approval and rate guarantee, you will have the confidence to start shopping for a home you will love and can afford.

Lino Contento

RBC Mortgage Specialist
Royal Bank of Canada

29 Davos Road
Vaughan, ON L4H 0P4

Tel: (905) 553-3270
Cel: (416) 931-5466
Fax: (905) 553-4200
E-mail: lino.contento@rbc.com

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