Private Mortgage Insurance (PMI) is an essential consideration for many first-time homebuyers who are purchasing a home with less than a 20% down payment. PMI protects lenders in case of loan default and allows buyers to qualify for a mortgage with a lower initial investment.
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For many Canadians, the dream of homeownership feels out of reach due to the steep upfront costs, especially the down payment. Thankfully, there are down payment assistance programs designed to make buying a home more accessible. Here, we explore the top programs available, how they work, and why th...
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The Mortgage Broker – Where mortgages are only the beginning
