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Tag Archives: Down Payment

Bank of Mom and Dad

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Get your complementary Pre-Approval from aDiamondMortgage, here. The growing influence of the “Bank of Mom and Dad” New buyers are increasingly relying on family assistance for down payments. What does it mean for the industry? Considering the well-documented struggles of new entrants to an increasingly unaffordable Canadian housing market, the news that first-time buyers are increasingly seeking assistance [&hellip…

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What You Need To Know About Mortgage Down Payments

How much you pay upfront could expand your options and save you money. One of the most important parts of your home purchase is your down payment. Whether you diligently save for a few years, borrow money from family, or use your RRSP, maximizing your down payment will save you money on your mortgage and [&hellip…

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