Add Your HeadingReady to Own Your Dream Home? CMHC’s Minimum Down Payment Program Opens the Door!

Ready to Own Your Dream Home? CMHC’s Minimum Down Payment Program Opens the Door!

•Eyeing a home for $500,000 or less? You only need 5% down—that’s it!

•Looking at homes between $500,000 and $1.5 million?

•5% down on the first $500,000

•10% down on the rest

•Use savings, a gift, or proceeds from another home for your down payment.

•With less than 20% down, mortgage insurance (like CMHC) helps you buy sooner.

•The home must be your main place to live—your own space, your own rules!

Why wait?

CMHC’s program means you don’t need a huge down payment to make your move. Imagine getting your keys sooner than you ever thought possible!

Disclaimer: Some conditions may apply.