No Downpayment

No Downpayment

Saving enough money for a downpayment can be difficult. We have a solution.


The Ownest Way

Currently, there are 2 possible options to assist with funding your downpayment.

Option One: Flex Down Program
The Flexible Downpayment program allows you to use existing credit facilities, such as unsecured lines of credit, credit cards, gifts or money borrowed from immediate family members to use as your down payment, or for closing costs.

Option Two: Cash Back Program
Cash Back mortgages are offered on high ratio purchase business only. These can be used to confirm closing costs or purchase furniture for your new home. Cash back mortgages are not available for downpayments.

The Ownest Advantage

We provide the best choices you qualify for and we maximize your borrowing power.

2.36%5 Year Variable

75% of our clients consider this product a great fit. We find you a great rate with only a small possible payout penalty, and that increases your flexibility for the choice to change your mortgage down the road.

Ownest tailors the mortgage to you, not you to the mortgage. We find different terms and mortgages to suit your lifestyle. Click below to view other options.


See the Ownest difference. We aren’t like banks and brokers because we have your best interest at heart. Through our patented system, we’re able to give you the choice you deserve when selecting a lender for your mortgage. Watch this video and let us help you maximize your mortgage buying power.

  • Thank goodness we found the friendly people at Ownest. They found us a new mortgage at a lower rate and a payment we can afford. We are truly thankful.
    - Gina G.Calgary, AB
  • I’ve been in real estate for over 15 years and have never experienced this level of professionalism before. I now recommend all my clients to Ownest.
    - Bob S.Realtor, Edmonton AB
  • Ownest sent us a mortgage proposal that showed all the mortgages we qualified for. After discussing the many options with us we chose a 4 year term and feel we got a great rate.
    - Robert and Claire P.Richmond Hill, ON


We match you with the mortgage that suits your lifestyle, faster than our competitors can shop a single product.


Our technology scours all products and pricing to get you a yes now on the best deal for your mortgage. You pick only from the options you qualify for.


Backed by a team of financial experts, we’re always available to help you successfully cross the finish line to own your home. We make it simple. Ownestly!