The mortgage options you qualify for depend on multiple factors. One of the most important being the down payment. The required minimum down payment in Canada is 5%. When purchasing a home exceeding $500,000 the down payment is then 10% for the amount exceeding. So, for a $750,000 home: 500,000 x 0.05 = 25,000 250,000 … Continue reading Down Payment Possibilities
Down Payment Possibilities
