What Is The Minimum Down Payment For A Home In Vancouver?

In today's video, we'll answer a frequently asked question that is often posed by first-time home buyers & new buyers relocating to Vancouver, BC, Canada. We'll walk you through the 2 types of mortgages, Conventional & High-Ratio, as well as the minimum down payment requirements when purchasing a residential property in Vancouver, BC. Also, we'll be discussing how these down payment requirements may differ depending on whether you're a principal residence buyer or a residential property investor as well as how the purchase price could affect the minimum down payment required in order to obtain your financing. 

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