Robert McLister is one of my favorite blogger.
His recent article in The Globe and Mail is about – 5 ways around tough new home down-payment rules
The article shows you how to arrange a down payment if you are not able to find the money in your pocket.
You can borrow from your line of credit, personal loan or even a credit card and much more to put down the required sum.
A recommended read if you are interested to find out more.
The bottom line?
He says – Buying a home without your own cash is not a decision to take lightly. And qualifying for a mortgage doesn’t mean can successfully carry one.