Francine Tracey


Home | Contact

Market Commentary

First time Buyer Rebates and Minimum Downpayments for Mortgages in Canada
January 12, 2016 @ 1:13 PM by:
Posted in Residential Market News | Sign up to receive our Newsletter | Back to Main Blog Page

In December 2015 CMHC Made changes to the rules regarding Minimum Downpayment.  The attached PDF shows the table of downpayments required - 5% down up to $500,000 and escalating after that.  The report goes on to talk about Rebates available for First TIme Buyers In British Columbia, Canada. 

 

First_Time_Buyer_Rebates_and_Minimum_Down_Payment_Rules.pdf

 

 

 

Sign up to receive our Newsletter | Back to Main Blog Page
 

Broker Corporate Office - 426 Willingdon Ave, Burnaby, BC V5C 5G4 | Brokerage #123456
License# 112233 | Copyright © 2019 All Rights Reserved

Mortgage Website Powered by Roar Solutions