by Michelle McCullough | Aug 30, 2023 | Down Payment, First Time Home Buyers, Mortgage Broker |
Saving for a downpayment requires discipline and determination. Whether you’re aiming for the minimum downpayment (like most first-time homebuyers) or 20% down, there are some strategies to help you get there. If you are in the “saving up” stage of preparing for...
by Michelle McCullough | Aug 24, 2023 | Down Payment |
To purchase a home in Canada, you need a minimum of 5% downpayment. That’s 5% of the price you pay for the home if your purchase is $500,000 or less. For instance, for a $400,000 home, you need a $20,000 downpayment. What if the house you want is more than $500,000?...
by Jamie Cunningham | Aug 15, 2023 | BC, Bristish Columbia, CMHC, FSHA, Home Improvements, Homeownership, Mortgage Broker |
When buying your first home, don’t leave money on the table! Take advantage of the programs and incentives offered by the federal government that can help you achieve your new home. Tax-Free Home Savings Account (FHSA): This new registered plan combines...
