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REMIC ELITE

CANADA'S #1 DOWN PAYMENT EQUITY PROGRAM

REMIC ELITE

WE MATCH 5 % - 10 % DOWN PAYMENT

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BENEFITS

BENEFITS OF R.E.D.P.E.P.
REMIC. ELITE. DOWN. PAYMENT. EQUITY. PROGRAM.

  • STOP RENTING

  • BUILD EQUITY EARLY

  • REDUCE CMHC | NO CMHC

  • NO INCOME CAPPED

  • NO PURCHASE PRICE CAPPED

  • REDUCE MONTHLY PAYMENT

  • NO EXTRA MONTHLY PAYMENT

  • 5% RESALE HOME | 10% NEW HOME

  • EZ QUALIFICATION PROCESS

ELGIBILITY

AM I ELIGIBLE?

Must be interested in purchasing a property in the Greater Toronto Area and Hamilton

Must have 5% of the down payment and closing costs readily available

With the aid of one of our mortgage brokers, you must be able to qualify for the appropriate financing required

Must be mentally and emotionally prepared to purchase your first home or investment property

Must be able to purchase a home up to 1.5 million dollars {anything above this amount will be determined on a case-by-case basis}

Must have a minimum household income of at least $55,000 

Must have a minimum credit score of 680 and above on both Equifax and TransUnion

Must be willing to work with one of our qualified realtors to find the right property for you

DOWN PAYMENT

OUR DOWN PAYMENT PROCESS

01 / FAST

After completing our

30-minute telephone consultation and submitting the requested documents to REMIC ELITE, you should hear back from us within 24 to 48 hours regarding whether you are approved for funding.

We will fund from 5% up to 10% of your new home downpayment to help you reach your 20% goal a lot faster.

02 / SECURE

Once REMIC ELITE 

provides you with a commitment letter, you will be confident that you will receive funding. Our commitment to you is for 60 days. Once this time has passed you will need to re-apply for the program.

REMIC ELITE will connect you with a professional real estate, mortgage brokerage, and real estate lawyer team in your local area to start your shopping process.

03 / EASY

REMIC ELITE  is a shared equity program that assists first-time homebuyers in entering the real estate market and beginning the exciting journey of building equity.

 Our client's purchase success is linked to our success. Thus, we make the process incredibly simple for our buyers to be able to qualify.

NOTE: THIS IS NOT A LOAN, IT IS A SHARED EQUITY PARTNERSHP.
PARTNERS

ELITE PROFESSIONAL PARTNERS

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ELITE LAWYERS

Our expert staff of attorneys are exceptionally thorough and bright. They work hard to safeguard the interests of our buyers when securing their first home.

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MORTGAGE BROKERS

We have the best mortgage broker team  to help our young families to easy get qualify and secure their first home. 

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REAL ESTATE AGENTS

Our realtors are young, experience and knowledgeable, spending 4-6 hours online and offline searching for affordable houses for young families.

ABOUT  REMIC ELITE

ABOUT ELITE

REMIC ELITE is a down payment assitant program that predominantly focuses on assisting first time home buyers in purchasing a home. 

Our program consist of 5  to 10% down payment ‘matching’ structures in which we match the buyers required down payment percentage. For instance, suppose you have 5% down available to purchase your home but require 10% down. To assist you in your purchase we will provide you with the equivalent.

 

As an Elite member you will receive premium service throughout your entire home buying process as we have qualified Real Estate Salespersons, Mortgage Brokers and Lawyers ready to assist you.

OUR MISSION

REMIC ELITE'S mission is to help 5,000 to10,000 families purchase their first home through our Down Payment Assistance program. We strongly believe in helping single mothers become independent and financially free. We know that if we help women invest in real estate and build equity it will build wealth for the next generation. Ultimately, REMIC ELITE is a great way for young families to start RIGHT and finish RICH!

CONTACT US

GET IN TOUCH NOW

REMIC ELITE OFFICE

501-77 CITY CENTER DR.

MISSISSAUGA ON 

L5B 1M5

Tel: 1-888-88 REMIC (73642)

Fax: 1-888-828-4825 

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