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The Government of Canada provides first-time homebuyers with a shared equity mortgage. A rate of either 5% or 10% is provided to the individuals as a first-time homebuyer incentive. Therefore, the government will invest in the property, and the homebuyer would be repaying the government with the same rate as the value of the house at the time of repayment. This is a fantastic scheme as the government would allow you to get the loan with a more significant down payment by giving you a part of the down payment, thus helping you by getting lower interest rates and lower monthly repayments. Howeve
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Are there any special incentives a candidate could get from the government of Canada? Feel Free To Call US 1-800-808-1613 Landline 416-848-0469 www.mortgagedeliveryguy.ca
Are there any special incentives a candidate could get from the government of Canada? The Government of Canada provides first-time homebuyers with a shared equity mortgage. A rate of either 5% or 10% is provided to the individuals as a first-time homebuyer incentive. Therefore, the government will invest in the property, and the homebuyer would be repaying the government with the same rate as the value of the house at the time of repayment. www.mortgagedeliveryguy.ca
Are there any special incentives a candidate could get from the government of Canada? This is a fantastic scheme as the government would allow you to get the loan with a more significant down payment by giving you a part of the down payment, thus helping you by getting lower interest rates and lower monthly repayments. However, the incentive should be paid within 25 years of the issuing of the loan or at the time when the property is sold. www.mortgagedeliveryguy.ca
Are there any special incentives a candidate could get from the government of Canada? THANK YOU www.mortgagedeliveryguy.ca