How Does a Gifted Down Payment Work?

How Does a Gifted Down Payment Work?

Owning a home is a major milestone for many Canadians, but the financial hurdle of coming up with a sufficient down payment can be a significant barrier. To address this, some aspiring homeowners turn to the concept of a gifted down payment – a strategy that can make...
Why Do I Need a Mortgage Co-Signer?

Why Do I Need a Mortgage Co-Signer?

When mortgage qualification rules tighten up and/or interest rates rise, you may require a mortgage co-signer to qualify for the loan amount required to get you into your new home.   Additionally, if you’re experiencing difficulty meeting traditional lender...