Updated over 10 years ago on . Most recent reply
Is there an FHA equivalent in Canada
Hello! I'm just starting out and my goal is to get my first live-in rental (house with a finished basement/ separate entrance that I rent out). There seems to be a lot of great financing strategies for that. FHA seems to be the best fit for my scenario (I work in film/television so starving artist phrase rings true haha) but it seems to be only in the US. Is there a Canadian equivalent?
Thanks!
Joe
Most Popular Reply
You probably won't find anything on the 7% cashback. It's a program that the government doesn't talk about too much.
It only applies to brand new "never lived in" properties and has nothing to do with the lenders.