Finance:B.C. Home Owner Mortgage and Equity partnership

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The B.C. Home Owner Mortgage and Equity partnership is a program offered by the BC government to first-time homebuyers who have been either citizens or permanent residents of Canada for the last five years and have been residents of British Columbia for at least a year before applying and have never owned a home. The province offers qualifyiing individuals an amount to match their downpayment which is limited to 5% of the purchase price of a home not exceedng $750,000. Applications can be filed starting January 17, 2017.

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