Find the Right Mortgage for You

Property Purchases

The ownership of land and building. As little as 5% of the purchase price in the form of cash down payment along with a mortgage can allow you to purchase your own home or investment property. The down payment may even be provided by parents as a gift or taken out of a RRSP(certain conditions apply) whether it’s your first home or you have purchased any homes.

More and more Canadians are purchasing homes for the first time and there are some benefits to these first homebuyers such as being able to qualify for an exemption to the property transfer tax if certain qualifications are met.