Purchasing your first home is most likely the single biggest and most important investment decision you will ever make. Obsidian  Morrtgage Corporation "Easy Living" Mortgage Solutions are designed to assist you to purchase your home sooner, with the convenience of affordable payments. Whether you are purchasing,a first home, a vacation home, or starting out in real estate investments with a purchase of a rental property our mortgage specialists will fully explain your mortgage options and provide the best advice available to meet your individual and unique financial needs.

We offer the following home purchasing mortgage solutions:

Conventional Home Purchase Finance Solutions
These uninsured and competitively priced Mortgage Financing solutions are available for those purchasing homes with a minimum of 15% down payment.

*CMHC/GE/AIG Insured Home Purchase Finance Solutions
These Mortgage solutions are backed by default insurance which allow home owners to purchase a home as little as 5% as a down payment.

These mortgage solutions allow for interest rates comparable to those with a 20% down payment, allow home owners to build equity and paydown their mortgage sooner. -Read More About our "Easy Living" Mortgage Solutions, to learn more about what Obsidian Mortgage Corporation has to offer.

New Comer/New to Canada Purchase Mortgage Solutions
These insured mortgage finance solutions allow those new to canada with permanent and non permanent residence status access to competitively priced mortgage solutions with as little as 5% down for those with permanent status, and 10% for those with non permanent residency status.

Self Employed Purchase Mortgage Solutions
These insured mortgage finance solutions allow self employed borrowers, with or without traditional forms of income verification to better enable self employed and 100% commission based individuals the ability to realize the dream of homeownership.
Line Of Credit Purchase Mortgage Solutions 
All the convenience of a line of credit plus more, these competitively priced open mortgages allow you more flexible repayment and prepayment options, than traditional mortgages. Click here to go to our resource page to learn more about the advantages of Line of Credit Mortgages.

Green Homes Purchase Mortgage Solutions
An Insured Mortgage financing solutions designed for those who purchase an energy efficient home, or plan on making    energy efficient improvements to an existing home. Borrowers maybe eligible for extended amortization without a premium surcharge and a 10% mortgage insurance refund.
 
Chattel Mortgage Solutions
These insurance mortgage financing solutions is designed for those who are purchasing manufactured or floating homes where a traditional real estate mortgage is not applicable.

Self directed RRSP Home Purchase Mortgage Solutions
These Insured Mortgage solutions allow one to use ones Registered Retirement Savings Plan (RRSP) or Registered Retirement Income Fund (RRIF) for the purchase of a new or existing owner/borrower occupied home.

Income Property Mortgage Solutions
These insured mortgage solutions allow homeowners to purchase rental properties with upto 4 units.

Self Insured Home Purchase Finance Solutions
These Lender Self Insured Mortgage Solutions allow individuals to purchase homes at 100% financing. Because they are not backed by third party default insurance rates tend to be slightly higher than conventional bank financing.

Private Mortgage Home Purchase Finance Solutions
These Private Investor/Lender mortgages are excellent short term vehicles to attain financing where institutionally insured forms of financing are unavailable These forms of financing tend to be more expensive than the above mentioned solutions, as rates tend to be higher then traditional institutional mortgage financing,with Lender & Brokerage fees that come out of proceeds, and appraisal,inspection and lender Legal retainers to come out of the borrowers pocket. These financing solution in collaboration with a solid game plan can be used as a great bandaid to allow individuals to purchase their home. We offer the following Private Mortgage Home Purchase Finance solutions:

Private First Mortgage Home Purchase Solutions
These Mortgage solutions allow individuals to purchase homes with as little as 15% as a Down payment.

Private Second Mortgage Home Purchase Solutions In some instances these Mortgage Solutions allow individuals to purchase homes at lower interest rates, behind conventional uninsured 1st mortgages with as little as 15%. Click here To Learn more on the Residential Mortgages and the homebuying process in our resource section or contact us directly and speak with an Obsidian Mortgage Corporation Professional Mortgage and finance Consultant for more information.

* connotes those products subject to our Easy Living mortgage Solution guarantee