One of our mortgage lenders will now allow borrowers to use a credit facility to meet the 5% down payment mortgage rule. So if a client meets the qualifying criteria to support the mortgage they can use a Line of credit, Visa card etc for down payment. We include the payment on the credit facility used in the debt ratios. Currently clients have to take a 5% cash back mortgage at a higher interest rate to obtain the 5% down payment. With this lender the client can use the credit facility and still benefit from the low discount rate. Naturally good employment and strong credit is essential.