09/02/2026
Saving a twenty percent down payment can feel like a moving target for first time home buyers in Canada. π―
Default insured mortgages allow eligible buyers to enter the housing market sooner with a smaller initial down payment.
By insuring the loan through providers like CMHC, lenders can offer competitive terms even with five percent down. %
This strategy keeps your capital working for you while you build equity in your own home.
If you want to explore your down payment options, I can show you what is possible.
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