Family friendly home in sought after Central Coquitlam. Located on a quiet, no-thru street, offering Continue reading “For Sale! 2260 Portage Avenue, Coquitlam, B.C.”
Guest Writer: Peter Radonjic, Mortgage Specialist for our Coquitlam Real Estate Blog explains the new BC Government downpayment loan for first time home buyers.
As you may have heard, the BC government just announced the “B.C. Home Owner Mortgage and Equity Partnership program” which will lend first-time homebuyers up to 5% of the purchase price to use as a downpayment. For the first 5 years the loan is interest-free and re-payments don’t start until year 6. Here’s CBC’s article on it (NOTE the terrible headline – the loan is NOT “interest-free” it’s a loan with interest and payments – the clock just doesn’t start ticking on interest and payments don’t start for 5 years after you get the cash):
If you are looking to buy a home in Coquitlam, discover the different areas and neighbourhoods with the help of a Coquitlam Real Estate Agent.
Coquitlam is one of the fastest growing communities in Metro Vancouver and provides residents with a high quality suburban lifestyle. Comprised of beautiful scenery including lush parks, rivers, trails forests and multi-cultural experiences, Coquitlam is a sought after location to live.