Do you want to purchase a home but don't have a down payment?
Want to purchase a revenue property with no money down?
You can now buy a home with NO DOWN PAYMENT. Both CMHC and Genworth have programs to allow you to purchase a home with no down payment.
For fully discounted rates banks require the borrower to have a good credit history and good job stability. Also, you'll need to proved that you have 1.5% of the house purchase price on deposit to cover closing and moving expenses upon the purchase of your new home.
If you don't have perfect credit it's not a big deal. There are alternate lenders who will consider providing you with 100% financing.
I've helped many families achieve homeownership in the Lower Mainland with no money down/100% financing.