Minimum Down Payment When Buying a Home
What is the minimum down payment when buying a house in Canada?
This is one of the most common questions I hear as a mortgage broker. Most people know that as a first-time homebuyer, you can put as low as 5% down on a home. However, what most people don’t know, is that you can put 5% down on a home even if you are NOT a first-time homebuyer!!!
Watch the video to learn more.
This is an older video, but it is still very relevant. If you are buying a home, check out my “Purchase” page for more products and info.