Only 2 out of 10 first-time buyers in BC covered their downpayments by themselves in 2018! How does this differ from previous years? According to the BC Notaries Association, 83 percent of first-time buyers in the province received assistance with their downpayment in 2018, up from the 57 percent of buyers who got a helping…
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First time buyer downpayment by Mortgage Broker Niki Cuthbert Over the last couple of months we have seen considerable government intervention in the mortgage world. The BC provincial government has recently introduced a down payment assistance program with the goal of helping first time home buyers get into the housing market, while the federal government…
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