{"id":215,"date":"2023-03-27T17:13:17","date_gmt":"2023-03-27T17:13:17","guid":{"rendered":"https:\/\/budgetrates.ca\/?post_type=service&#038;p=215"},"modified":"2023-04-14T09:26:12","modified_gmt":"2023-04-14T09:26:12","slug":"borrowed-down-payment","status":"publish","type":"service","link":"https:\/\/budgetrates.ca\/fr\/service\/borrowed-down-payment\/","title":{"rendered":"Borrowed Down Payment"},"content":{"rendered":"<div id=\"fws_69d25f4bdbc4d\"  data-column-margin=\"default\" data-midnight=\"dark\"  class=\"wpb_row vc_row-fluid vc_row  reverse_columns_column_phone\"  style=\"padding-top: 0px; padding-bottom: 0px; \"><div class=\"row-bg-wrap\" data-bg-animation=\"none\" data-bg-animation-delay=\"\" data-bg-overlay=\"false\"><div class=\"inner-wrap row-bg-layer\" ><div class=\"row-bg viewport-desktop\"  style=\"\"><\/div><\/div><\/div><div class=\"row_col_wrap_12 col span_12 dark left\">\n\t<div  class=\"vc_col-sm-6 wpb_column column_container vc_column_container col padding-5-percent inherit_tablet no-extra-padding_phone\"  data-padding-pos=\"right\" data-has-bg-color=\"false\" data-bg-color=\"\" data-bg-opacity=\"1\" data-animation=\"\" data-delay=\"0\" >\n\t\t<div class=\"vc_column-inner\" >\n\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t<div class=\"nectar-split-heading\" data-align=\"default\" data-m-align=\"inherit\" data-text-effect=\"default\" data-animation-type=\"line-reveal-by-space\" data-animation-delay=\"0\" data-animation-offset=\"\" data-m-rm-animation=\"\" data-stagger=\"\" data-custom-font-size=\"true\" style=\"font-size: 35px; line-height: 37.8px;\"><h2 style=\" color: #000000;\">What is Borrowed Down Payment?<\/h2><\/div><div class=\"nectar-fancy-ul\" data-list-icon=\"icon-salient-thin-line\" data-animation=\"true\" data-animation-delay=\"0\" data-color=\"accent-color\" data-spacing=\"default\" data-alignment=\"left\"> There are a variety of programs and options available to assist you in purchasing a home\u00a0and to\u00a0begin creating equity sooner, including the option to borrow all or part of\u00a0of your down payment.<\/p>\n<p>You have the option of applying for a personal loan or a personal line of credit and utilizing the funds from either of these options as your down payment. <\/div>\n\t\t\t<\/div> \n\t\t<\/div>\n\t<\/div> \n\n\t<div  class=\"vc_col-sm-6 wpb_column column_container vc_column_container col no-extra-padding inherit_tablet inherit_phone\"  data-padding-pos=\"all\" data-has-bg-color=\"false\" data-bg-color=\"\" data-bg-opacity=\"1\" data-animation=\"\" data-delay=\"0\" >\n\t\t<div class=\"vc_column-inner\" >\n\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t<div class=\"img-with-aniamtion-wrap\" data-max-width=\"100%\" data-max-width-mobile=\"default\" data-border-radius=\"3px\" data-shadow=\"none\" data-animation=\"none\" >\n      <div class=\"inner\">\n        <div class=\"hover-wrap\"> \n          <div class=\"hover-wrap-inner\">\n            <img class=\"img-with-animation skip-lazy\" data-delay=\"0\" height=\"1709\" width=\"2560\" data-animation=\"none\" src=\"https:\/\/budgetrates.ca\/wp-content\/uploads\/2023\/03\/Borrowed-Down-Payment-2-scaled.jpg\" alt=\"\" srcset=\"https:\/\/budgetrates.ca\/wp-content\/uploads\/2023\/03\/Borrowed-Down-Payment-2-scaled.jpg 2560w, https:\/\/budgetrates.ca\/wp-content\/uploads\/2023\/03\/Borrowed-Down-Payment-2-300x200.jpg 300w, https:\/\/budgetrates.ca\/wp-content\/uploads\/2023\/03\/Borrowed-Down-Payment-2-1024x684.jpg 1024w, https:\/\/budgetrates.ca\/wp-content\/uploads\/2023\/03\/Borrowed-Down-Payment-2-768x513.jpg 768w, https:\/\/budgetrates.ca\/wp-content\/uploads\/2023\/03\/Borrowed-Down-Payment-2-1536x1025.jpg 1536w, https:\/\/budgetrates.ca\/wp-content\/uploads\/2023\/03\/Borrowed-Down-Payment-2-2048x1367.jpg 2048w, https:\/\/budgetrates.ca\/wp-content\/uploads\/2023\/03\/Borrowed-Down-Payment-2-900x600.jpg 900w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/>\n          <\/div>\n        <\/div>\n      <\/div>\n    <\/div>\n\t\t\t<\/div> \n\t\t<\/div>\n\t<\/div> \n<\/div><\/div>\n\t\t<div id=\"fws_69d25f4bdcb82\"  data-column-margin=\"40px\" data-midnight=\"dark\"  class=\"wpb_row vc_row-fluid vc_row\"  style=\"padding-top: 0px; padding-bottom: 0px; \"><div class=\"row-bg-wrap\" data-bg-animation=\"none\" data-bg-animation-delay=\"\" data-bg-overlay=\"false\"><div class=\"inner-wrap row-bg-layer\" ><div class=\"row-bg viewport-desktop\"  style=\"\"><\/div><\/div><\/div><div class=\"row_col_wrap_12 col span_12 dark left\">\n\t<div  class=\"vc_col-sm-6 wpb_column column_container vc_column_container col no-extra-padding inherit_tablet inherit_phone\"  data-padding-pos=\"all\" data-has-bg-color=\"false\" data-bg-color=\"\" data-bg-opacity=\"1\" data-animation=\"\" data-delay=\"0\" >\n\t\t<div class=\"vc_column-inner\" >\n\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t<div class=\"img-with-aniamtion-wrap\" data-max-width=\"100%\" data-max-width-mobile=\"default\" data-border-radius=\"3px\" data-shadow=\"none\" data-animation=\"none\" >\n      <div class=\"inner\">\n        <div class=\"hover-wrap\"> \n          <div class=\"hover-wrap-inner\">\n            <img class=\"img-with-animation skip-lazy\" data-delay=\"0\" height=\"1707\" width=\"2560\" data-animation=\"none\" src=\"https:\/\/budgetrates.ca\/wp-content\/uploads\/2023\/03\/Borrowed-Down-Payment-1-scaled.jpg\" alt=\"\" srcset=\"https:\/\/budgetrates.ca\/wp-content\/uploads\/2023\/03\/Borrowed-Down-Payment-1-scaled.jpg 2560w, https:\/\/budgetrates.ca\/wp-content\/uploads\/2023\/03\/Borrowed-Down-Payment-1-300x200.jpg 300w, https:\/\/budgetrates.ca\/wp-content\/uploads\/2023\/03\/Borrowed-Down-Payment-1-1024x683.jpg 1024w, https:\/\/budgetrates.ca\/wp-content\/uploads\/2023\/03\/Borrowed-Down-Payment-1-768x512.jpg 768w, https:\/\/budgetrates.ca\/wp-content\/uploads\/2023\/03\/Borrowed-Down-Payment-1-1536x1024.jpg 1536w, https:\/\/budgetrates.ca\/wp-content\/uploads\/2023\/03\/Borrowed-Down-Payment-1-2048x1365.jpg 2048w, https:\/\/budgetrates.ca\/wp-content\/uploads\/2023\/03\/Borrowed-Down-Payment-1-900x600.jpg 900w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/>\n          <\/div>\n        <\/div>\n      <\/div>\n    <\/div>\n\t\t\t<\/div> \n\t\t<\/div>\n\t<\/div> \n\n\t<div  class=\"vc_col-sm-6 wpb_column column_container vc_column_container col padding-5-percent inherit_tablet no-extra-padding_phone\"  data-padding-pos=\"right\" data-has-bg-color=\"false\" data-bg-color=\"\" data-bg-opacity=\"1\" data-animation=\"\" data-delay=\"0\" >\n\t\t<div class=\"vc_column-inner\" >\n\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t<div class=\"nectar-fancy-ul\" data-list-icon=\"icon-salient-thin-line\" data-animation=\"true\" data-animation-delay=\"0\" data-color=\"accent-color\" data-spacing=\"default\" data-alignment=\"left\"> Her are the minimum down payment amounts (in Canada):<\/p>\n<ul>\n<li>5% for homes priced at $500,000 or less<\/li>\n<li>10% for homes priced between $500,000 and $999,999<\/li>\n<li>5% of the first $500,000<\/li>\n<li>10% for the portion of the purchase price above $500,000<\/li>\n<li>20% for homes priced at 1 million or more<\/li>\n<\/ul>\n<p>It is important to note that\u00a0certain financial institutions do not permit this because a down payment is meant to show that you have the means to purchase a house.<br \/>\nHowever, there are options that we can explore together. <\/div>\n\t\t\t<\/div> \n\t\t<\/div>\n\t<\/div> \n<\/div><\/div>\n\t\t<div id=\"fws_69d25f4bdd5e1\"  data-column-margin=\"default\" data-midnight=\"dark\" data-top-percent=\"2%\" data-bottom-percent=\"2%\"  class=\"wpb_row vc_row-fluid vc_row  top_margin_-5pct zindex-set right_padding_5pct right_padding_phone_0pct\"  style=\"padding-top: calc(100vw * 0.02); padding-bottom: calc(100vw * 0.02);  z-index: 100;\"><div class=\"row-bg-wrap\" data-bg-animation=\"none\" data-bg-animation-delay=\"\" data-bg-overlay=\"false\"><div class=\"inner-wrap row-bg-layer\" ><div class=\"row-bg viewport-desktop using-bg-color\"  style=\"background-color: #ffffff; \"><\/div><\/div><\/div><div class=\"row_col_wrap_12 col span_12 dark left\">\n\t<div  class=\"vc_col-sm-12 wpb_column column_container vc_column_container col no-extra-padding inherit_tablet inherit_phone\"  data-padding-pos=\"all\" data-has-bg-color=\"false\" data-bg-color=\"\" data-bg-opacity=\"1\" data-animation=\"\" data-delay=\"0\" >\n\t\t<div class=\"vc_column-inner\" >\n\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t<div id=\"fws_69d25f4bdd8bb\" data-midnight=\"\" data-column-margin=\"default\" class=\"wpb_row vc_row-fluid vc_row inner_row\"  style=\"\"><div class=\"row-bg-wrap\"> <div class=\"row-bg\" ><\/div> <\/div><div class=\"row_col_wrap_12_inner col span_12  left\">\n\t<div  class=\"vc_col-sm-12 wpb_column column_container vc_column_container col child_column no-extra-padding inherit_tablet inherit_phone\"   data-padding-pos=\"all\" data-has-bg-color=\"false\" data-bg-color=\"\" data-bg-opacity=\"1\" data-animation=\"\" data-delay=\"0\" >\n\t\t<div class=\"vc_column-inner\" >\n\t\t<div class=\"wpb_wrapper\">\n\t\t\t<div class=\"nectar-fancy-ul\" data-list-icon=\"icon-salient-thin-line\" data-animation=\"true\" data-animation-delay=\"0\" data-color=\"accent-color\" data-spacing=\"default\" data-alignment=\"left\"> There is no one-size-fits-all formula. The ideal solution will depend on your:<\/p>\n<ul>\n<li>personal situation (finances, income, etc.)<\/li>\n<li>plans<\/li>\n<li>budget (available funds)<\/li>\n<li>timelines<\/li>\n<\/ul>\n<p>Questions?<br \/>\nWant to talk? <\/div>\n\t\t<\/div> \n\t<\/div>\n\t<\/div> \n<\/div><\/div>\n\t\t\t<\/div> \n\t\t<\/div>\n\t<\/div> \n<\/div><\/div>\n\t\t<div id=\"fws_69d25f4bddcea\"  data-column-margin=\"default\" data-midnight=\"dark\"  class=\"wpb_row vc_row-fluid vc_row\"  style=\"padding-top: 0px; padding-bottom: 0px; \"><div class=\"row-bg-wrap\" data-bg-animation=\"none\" data-bg-animation-delay=\"\" data-bg-overlay=\"false\"><div class=\"inner-wrap row-bg-layer\" ><div class=\"row-bg viewport-desktop\"  style=\"\"><\/div><\/div><\/div><div class=\"row_col_wrap_12 col span_12 dark left\">\n\t<div  class=\"vc_col-sm-12 wpb_column column_container vc_column_container col no-extra-padding inherit_tablet inherit_phone\"  data-padding-pos=\"all\" data-has-bg-color=\"false\" data-bg-color=\"\" data-bg-opacity=\"1\" data-animation=\"\" data-delay=\"0\" >\n\t\t<div class=\"vc_column-inner\" >\n\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\n\t\t<div id=\"fws_69d25f4bde388\"  data-column-margin=\"default\" data-midnight=\"light\" data-top-percent=\"3%\" data-bottom-percent=\"3%\"  class=\"wpb_row vc_row-fluid vc_row full-width-section vc_row-o-equal-height vc_row-flex  bottom_margin_-25px\"  style=\"padding-top: calc(100vw * 0.03); padding-bottom: calc(100vw * 0.03); \"><div class=\"row-bg-wrap\" data-bg-animation=\"none\" data-bg-animation-delay=\"\" data-bg-overlay=\"false\"><div class=\"inner-wrap row-bg-layer\" ><div class=\"row-bg viewport-desktop using-bg-color\"  style=\"background-color: #000000; \"><\/div><\/div><\/div><div class=\"row_col_wrap_12 col span_12 light left\">\n\t<div  class=\"vc_col-sm-4 wpb_column column_container vc_column_container col no-extra-padding force-tablet-text-align-center force-phone-text-align-center inherit_tablet inherit_phone\"  data-padding-pos=\"all\" data-has-bg-color=\"false\" data-bg-color=\"\" data-bg-opacity=\"1\" data-animation=\"\" data-delay=\"0\" >\n\t\t<div class=\"vc_column-inner\" >\n\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\n<div class=\"wpb_text_column wpb_content_element\" >\n\t<div class=\"wpb_wrapper\">\n\t\t<h6>Call us at:<\/h6>\n<p><a href=\"tel:4505007738\">(450) 500-PRET<\/a><br \/>\n<a href=\"tel:4505007738\">(450) 500-7738<\/a><\/p>\n\t<\/div>\n<\/div>\n\n\n\n\n\t\t\t<\/div> \n\t\t<\/div>\n\t<\/div> \n\n\t<div  class=\"vc_col-sm-4 wpb_column column_container vc_column_container col no-extra-padding force-tablet-text-align-center force-phone-text-align-center inherit_tablet inherit_phone\"  data-padding-pos=\"all\" data-has-bg-color=\"false\" data-bg-color=\"\" data-bg-opacity=\"1\" data-animation=\"\" data-delay=\"0\" >\n\t\t<div class=\"vc_column-inner\" >\n\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\n<div class=\"wpb_text_column wpb_content_element\" >\n\t<div class=\"wpb_wrapper\">\n\t\t<h6>Toll-free<\/h6>\n<p><a href=\"tel:8448283438\">(844) 8-BUDGET<\/a><br \/>\n<a href=\"tel:8448283438\">(844) 828-3438<\/a><\/p>\n\t<\/div>\n<\/div>\n\n\n\n\n\t\t\t<\/div> \n\t\t<\/div>\n\t<\/div> \n\n\t<div  class=\"vc_col-sm-4 wpb_column column_container vc_column_container col no-extra-padding inherit_tablet inherit_phone\"  data-padding-pos=\"all\" data-has-bg-color=\"false\" data-bg-color=\"\" data-bg-opacity=\"1\" data-animation=\"\" data-delay=\"0\" >\n\t\t<div class=\"vc_column-inner\" >\n\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\n<div class=\"wpb_text_column wpb_content_element\" >\n\t<div class=\"wpb_wrapper\">\n\t\t<h6>Email us at:<\/h6>\n<p><a href=\"mailto:info@budgetrates.ca\">info@budgetrates.ca<\/a><\/p>\n\t<\/div>\n<\/div>\n\n\n\n<a class=\"nectar-button large regular accent-color has-icon  wpb_animate_when_almost_visible wpb_fadeInUp fadeInUp regular-button\"  style=\"\"  href=\"#\" data-color-override=\"false\" data-hover-color-override=\"false\" data-hover-text-color-override=\"#fff\"><span>Book a 1:1 call with us here<\/span><i  class=\"fa fa-calendar-plus-o\"><\/i><\/a>\n\t\t\t<\/div> \n\t\t<\/div>\n\t<\/div> \n<\/div><\/div>\n\n\t\t\t<\/div> \n\t\t<\/div>\n\t<\/div> \n<\/div><\/div>","protected":false},"template":"","categories":[6],"_links":{"self":[{"href":"https:\/\/budgetrates.ca\/fr\/wp-json\/wp\/v2\/service\/215"}],"collection":[{"href":"https:\/\/budgetrates.ca\/fr\/wp-json\/wp\/v2\/service"}],"about":[{"href":"https:\/\/budgetrates.ca\/fr\/wp-json\/wp\/v2\/types\/service"}],"wp:attachment":[{"href":"https:\/\/budgetrates.ca\/fr\/wp-json\/wp\/v2\/media?parent=215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/budgetrates.ca\/fr\/wp-json\/wp\/v2\/categories?post=215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}