Home Owner Mortgage and Equity (HOME) Partnership
December 16th, 2016
On December 15, Premier Christy Clark announced a new provincially backed loan program for first-time homebuyers aptly named Home Owner Mortgage and Equity (HOME) Partnership. Applicants will be able to receive up to $37,500, or five per cent of the home’s purchase price like a secondary mortgage for 25 years. The loan will be interest-free for the first five years and after that buyers c ...