Assistance Program for BC 1st Time Home Buyers Interest free and payment free loan for 5 yrs

BC Introduces New Program to Help New First Home Buyers

In a move to help BC citizens and residents buy their first home, the BC government announced today that it is launching a new program to augment down payments for first-time buyers.

The B.C. Home Owner Mortgage and Equity Partnership program contributes to the amount first-time homebuyers have already saved for their down payment, providing up to $37,500, or up to 5% of the purchase price, with a 25-year loan that is interest-free and payment-free for the first five years.

Contact me to see if this is for you and how you can qualify.