Mortgage Plan

Policy Section — 1 year free Mortgage Policy & Cashback

1 year free Mortgage Policy — Elkwood Lucas-Models only
Offer Description
Slokker Homes will cover one (1) year of mortgage payments for buyers of selected Elkwood units, provided the mortgage is arranged through our partner, Homewise. After the mortgage is funded, Homewise will issue a cashback payment equivalent to one year’s mortgage payments directly to the buyer. This incentive is provided as a post-closing cashback and will not alter the purchase price stated in the Purchase and Sale Agreement.
EligibilityTo qualify for the Mortgage Cash-back offer, the buyer must:
● Purchase one of the selected Elkwood units during the promotion period.● Secure financing through Homewise as the mortgage broker.● Meet all standard mortgage qualification criteria (credit, down payment, etc.).● Close on the unit and have the mortgage fully funded.
Cashback TermsThe payment will be made after possession and once Slokker Homes has confirmation from Homewise that the mortgage is funded in full. The cashback amount will be the amount equivalent to the monthly mortgage payments over one year under the terms provided by Homewise. This cashback is not a loan—no repayment to Homewise is required.
Promotion Duration & ExpiryOffer is time-limited; must be reserved and funded by November 1st, 2025.Slokker Homes reserves the right to amend, suspend, or terminate this offer without prior notice, but will not do so for units already purchased and financed through Homewise under the terms of this promotion.
General Terms & DisclaimersThis offer is not valid with any other incentives.The buyer is responsible for all other costs associated with home ownership (taxes, insurance, utilities, condo/HOA fees, etc.).Slokker Homes makes no guarantee of mortgage rate changes, and the homeowner bears the risk if interest rates, insurance, or other mortgage costs change.
Legal Compliance & Consumer ProtectionSlokker Homes and Homewise will adhere to all applicable regulations, including those governing real estate and mortgage practices in Alberta, ensuring full compliance with provincial legal requirements.

Any advertising of this offer will include required disclaimers and full disclosure of terms and conditions.