Guide
Gifted down payments in Canada: rules, gift letters and what lenders check
Family can help with a down payment, but the money must be a true gift. What CMHC allows, the minimums, and the gift letter and bank records lenders usually ask for.
Family can help with a down payment, but the money must be a true gift. What CMHC allows, the minimums, and the gift letter and bank records lenders usually ask for.