No Doc/Low Doc mortgages in ON, Canada ?

where can I get a No Doc/Low Doc mortgage in Ontario Canada ?
my dad has currently been laidoff from his job of 17 years because of the commpany closing down the plant. He has found a piece of property (260,000) that he wants to purches he currently owns his house were living in now thats worth 200,000 and has a current mortgage of 100,000 and wants to keep it and rent it out (1,200+) Where can he get a mortgage that doesnt need income verification if he has excellent credit and is willing to put a very large downpayment down (60,000) ?

Answer:
yes, its always possible.

current mortgage of 100,000. and how much is the payment? who pay the utilities once its rented? how about property tax?

if you can show me, how to pay the new mortgage, i can show you how to get the mortgage. Other Questions and Answers:
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