MYTH: You need a 20% down payment to buy a home
FACT: While 20% down helps you avoid mortgage insurance, many programs allow much less. In Canada, you can put down as little as 5% on homes up to $500,000 (though you’ll pay CMHC insurance).
damilola.azeez@cleartrust.ca | www.damilolaazeez.ca | +1-416-668-4943
