Buyers : Tips

MPG guarantee

Free of Charge
The Mortgage Payment Guarantee (MPG) is a product designed specifically for today's buyers. Because jobs are increasingly unstable, many potential buyers hesitate when it comes to purchasing a property. The Mortgage Payment Guarantee offers you the peace of mind that helps make the dream of home ownership a reality. Why do without it? It's FREE! All you have to do is to finance the purchase of your home through Mortgage Brokerage service, and meet the conditions indicated in the pages that follow.

Comforting
Introduced shortly after the APEC guarantee, the Mortgage Payment Guarantee also met with tremendous success. To benefit from this exclusive guarantee, you must obtain your mortgage loan through La Capitale's Mortgage Brokerage Service. In case of job-loss, La Capitale will assume your mortgage payments (capital and interest) for a period up to a year and up to a total of $15,000. Furthermore, if the buyer is eligible to APEC and MPG and if he purchases a condo, the condo monthly payments are also covered by the MPG.

Attractive
A recent CROP survey indicated that 63% of potential buyers feel that "the Mortgage Payment Guarantee makes a property more attractive" and 60% of sellers "would rather trust the sale of their home to an agent that offers such a guarantee".

Eligibility