How it works
Family members who own residential real estate with no mortgage or with a substantial amount of equity can pledge their property as additional collateral to cover your down payment.
This means you may be able to purchase your new home with little to no money down — and with just one mortgage loan. Once the loan has been paid down over time, Norry Bank can review the loan and consider releasing the family member’s property as collateral.
Getting started
Our personal lenders are ready to be of assistance to find the best mortgage option to meet your needs. Check out our current rates, and get in touch.