Spousal Buyout Program  

An option to co-owners of a primary residence who are going their own ways, but one would like to payout the other and keep the property.

 

While we normally see this program used in marital separations it applies whether married, common-law, siblings.. This program allows the net mortgage back up to 95% of the value. So the remaining owner in essence can start back at 5% down payment. 

​

DID YOU KNOW that when you go through a marriage breakdown you are eligible again for the first time home buyer programs? That's right! Check it out here.