Tonsto Down Payment Assistance Program

Tonsto Down Payment Assistance Program

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Does the $50,000 cap apply to the down payment credit or the total commission returned?

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About Tonsto Down Payment Assistance Program

Tonsto Down Payment Assistance Program is a Canadian real estate service that helps eligible homebuyers bridge the gap between their savings and the required down payment on a property. Through its Cash-Back Program, the company provides up to 2% of the property price, capped at $50,000, toward the down payment, funded by returning a portion of the commission earned when a client purchases a home. The program connects buyers with experienced Realtors, mortgage pre-approval through partner lenders, and licensed lawyers to assist with closing, while also offering tools to check eligibility online. Eligibility requires a combined household income of at least $90,000 and combined savings of $15,000 or above. The service focuses on properties in Ontario and is presented as a streamlined alternative to traditional home-buying processes.

Website
tonsto.com
Phone
+14376677689
Email
[email protected]
Categories
Real estate

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