I’ve had a lot of inquiries lately about the mortgage changes that the Canadian government recently imposed in April. All the inquirers were concerned that they needed 20% down. WRONG! A bank must have told you that!!! HA!
If you are purchasing a home and have a regular job then all you need is 5% down! That’s a huge difference! Rental purchases, self employed people and refinances are different. So check with me first.
Now aren’t you glad that you read this blog!
