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Buy A Home With Almost No Money Down
The First Home Loan Insurance program allows first-time home buyers or anyone who has not been a homeowner during the last five years to purchase a home* in any urban area with a down payment of just 5% of the purchase price. That means, for example, you could buy a $100,000 home with a down payment of only $5,000.
A low down payment mortgage differs from a conventional mortgage in that it must be insured to cover potential default of payment. It is insured by either Canada Mortgage and Housing Corporation (CMHC) or GE Capital Mortgage Insurance Company Canada (GE).
* Eligibility is subject to home price range limits established by CMHC and GE.
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| Thank you for providing us with excellent service on selling & buying. We've worked with a lot of real estate agents over the years but but you're in a league of your own! |
| Albert J. and Susan M. |
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| FABULOUS MOUNTAIN VIEW, HUGE REBUILT SUNDECK,OPEN CONCEPT LAYOUT, SECOND KITCHEN DOWN Great open floor plan in a Walk-Out Basement home on a great street in Walnut Grove. Incredible reno make this an awesome opportunity. New floors, new furnace, fresh paint, meticulously clean, huge rebuilt sundeck, private hedged yard. 3 bedrooms up plus 2nd kitchen and 1 bdrm down with separate entry, suitable for Mom & Dad. Extra room down for second bedroom, office, games room or ??? Don’t miss this beautiful family home. CALL NOW! Tracey Bosch 604-539-SOLD (7653) traceybosch.com |
| Price: $548,900. |
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