Mary’s Place is an opportunity for individuals to invest in a Humanitarian Housing Project in Canada.
It is an opportunity for each of us to invest in our communities and give all families the opportunity to enjoy home ownership.
Our Goal is to help people with average or lower incomes to find affordable housing and at the same time create an opportunity for people of all income levels to invest in the Canadian Real Estate Market. This is a winning home ownership program. The Program Structure makes sure that the project is a safe and sound investment for both the Home Owner and the Lender and guarantees that the principal value is always protected, in Trust. Lenders are guaranteed a generous return on the funds that they lend into the project over the term of each client’s contract.
Families/Individuals are given an opportunity to purchase a home without a down payment and without having to purchase expensive mortgage insurance. A reasonable appreciated value for the Lease To Purchase of the Home is assessed using MPAC guidelines which keeps the appreciated value in line with retail prices. It is important to the Mary’s Place Housing Program that the Family/Individual has equity in their new home when they exit the Program.
The program is for everyone including refugees new to our country. Everyone deserves the right to have a nice place to live in. Hard Working Families deserve the right to own a home with funding in line with their income and expenses. At Mary’s Place, we will do our absolute best to accommodate all applications types. This is an amazing program designed to help families/individuals with credit counselling, budgeting, savings, bill payment and home ownership management.
Why Mary’s Place Housing Program is Necessary
Canadian Mortgage Qualifications have changed in the past year and not for the better. It is becoming increasingly difficult for families/Individuals to buy a home. It is Prime Time in Canada for Mary’s Place Housing Program to Educate and Assist Families in all aspects of Home Ownership. Education is the key to success for families. It is one thing to qualify for a mortgage, however it is education in Financial Literacy that will reduce the number of defaults and create a stable financial housing market for years to come.
For more information, email: HousingProgram@marysplace.ca
Investors/Lenders can also learn more about us at The Canadian Investment Network: https://www.canadainvestmentnetwork.ca/business-proposals/marys-place-15-763020