Most Saskatoon buyers, including the downsizer moving on a tight timeline, are better served by a conventional insured mortgage that follows CMHC lending guidelines, including a minimum credit score of 600 and standard income documentation, because it is predictable and well understood by every lawyer and lender in the city.
The borrower this product suits is comfortable treating a home purchase as one piece of a larger asset strategy, and accepts that a volatile collateral asset can force an unwanted decision at the worst time. That is a risk tolerance question, not a financing shortcut.
For nearly everyone else, the standard path is simpler and safer. Get your hand-reviewed valuation from Joel Dyck.