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BC government to offer down payment loans for first-time buyers

Premier Christy Clark unveiled a new loan program today to help first-time home buyers come up with their down payment.


The BC Home Owner Mortgage and Equity (HOME) Partnership program will offer qualifying home buyers loans of up to $37,500, interest and payment free, for five years.

The province will begin accepting applications on January 16, 2017.

To qualify, buyers must:

• be buying their first home;

• obtain a high-ratio,...

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Categories:   BC HOME LOAN Program