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Down Payment

First-Time Home Buyer Guide!

It’s much easier to navigate through the Home Financing Maze when you understand the process.

5 Things Every First-Time Home Needs to Know

Don’t Even Think About Buying a Home Before Reading This Report … 5 Things Every First-Time Home Buyer Needs to Know! Wouldn’t you like to know how to calculate how much mortgage you qualify for, know what documentation is needed? How about what type of mortgage is best for you? This guide has been created [...]

How Much Down-Payment Do I Need?

How Much of a Down-Payment is Needed by First Time Home Buyers?
The answer to this question is dependent on whether you are a Salaried Employee for Self-Employed.

Use Your RRSPs To Buy A Home

YES! You Can Use Your RRSPs To Buy A Home? First-time buyers can use their RRSP money to help them to buy a home, if they meet certain criteria. The Program is called the Home Buyers’ Plan (HBP). Who Runs the Program? The Federal Government launched the HBP as a way to help first-time buyers [...]

Ottawa’s New Even Tougher Mortgage Rules

The Department of Finance announced three changes to the Standards for High Ratio Mortgages in Canada.

Tougher Mortgage Rules Confirmed

CMHC has confirmed and clarified the three changes to the Standards for High Ratio Mortgages in Canada. These changes affect High Ratio Mortgages Insured through CMHC and will most likely be adopted by Genworth and AIG as well. We have been waiting for confirmation and clarification on a few points related to the New Mortgage [...]

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