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Will a cashback option help me here?

Post: #1
09-23-2017, 04:32 AM
member8773 Offline

Will a cashback option help me here?

<span style="font-size: 12pt;">Hi,

I am very much anxious about my current situation. When I look the people around me, they are all happy with their life. I think they all have what they need!

I am not able to do anything for providing a shelter to my family. Yea, we are living in a house for rent. For the last twelve years, we have been moving from place to place for an existence.

Even my 7-year-old Sara asked me why we are wandering for a shelter! I must do something for them. But, I am financially and mentally weak now. My friend told me that most of the people have to go through such situations in their life. And he asked me to take a mortgage to buy a home.

But, I am worried about the large monthly payments of the mortgages. I fear to take a risk as I am a factory worker having a low monthly wage. He suggested me to take a cashback mortgage. But, I don't know its advantages. How could it help me and is there any hidden risk in taking it?

I have inquired about
the companies offering cashback mortgages in Canada and came to know about some. Can you please help me find the best solution for me? It would definitely be an emotional support as well.

Replies awaited. Thank you!

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Post: #2
10-03-2017, 03:54 PM
member86387 Offline

RE: Will a cashback option help me here?

Hi there, i actually have the same situation, and i can understand how hard it this for you. I understand what you feel. Talking honestly i can't go outside because the anxiety provoked a really scary thoughts about the world outside so the only thing I want to do at the moment is to stay home.. and do nothing... Actually i have never heard about cashback options, i find it really interesting, i would like to find more info too.

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