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We help families from all over the World. Let our Family Help Your Family
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Help For Renters Has Arrived!
ABOUT THE PROGRAM: (Limited To 50 Applicants)
Residents of the Region Peel who are presently renting may be eligible to use the Region of Peel’s Home in Peel Affordable Ownership Program to purchase a home. Peel region has received funding to be used for down payments on home loans. Please note, there are limited amount of spots available, first come first serve. Fill out the form below to contact MyDaddyHomes to see if you can qualify for the program.
The program helps low to moderate income residents who are renting a condo or home to be able to buy a home. Participants can buy a home in the Region of Peel (Brampton, Caledon or Mississauga) which does not exceed a maximum purchase price of $280,000.
If you know of any one who may qualify, or if you are interested in this program yourself, please contact MyDaddyHomes today for more information.
Program Eligibility:
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Applicants must be 18 years or older
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Applicants must be renting
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Applicants must not own or have interest in another residential property in and outside of Canada
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Applicants must have a total household income not exceeding $80,000
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Applicants must be able to obtain a pre-approval mortgage from Canada Mortgage and Housing Corporation (CMHC) insured and approved Lender
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Applicants must be able to pay for all additional closing costs.
This program works alongside Realtors, Mortgage Brokers and Lawyers to complete this process. The Region of Peel will provide the potential buyers with a $15,000 downpayment for a resale property ONLY. All additional costs for example, lawyer fees, deposit, and any miscellaneous adjustments are responsible from the Buyer. Therefore, you must have at least $5,000 for a deposit on the home. The deposit amount will then be applied to the closing costs.
Homes and Condos that are Eligible:
New homes and new condos are not eligible for purchase or are duplex, triplex, or mobile homes. The homes must be resale detached homes, semi-detached, row homes, townhouses (condo or freehold), stacked homes or high-rise condos.
Repaying the Loan:
The Down payment assistance is available for up to a 20 year home loan. No interest applies if it meets certain requirements. Repayment of the assistance loan must be made if the home is sold before 20 years and if the participant is no longer the principal resident of the home. A 5% capital gains interest applies if the property is sold for more than the original purchase price.
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Don't Miss This Opportunity! Contact MyDaddyHomes Today!
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For more Information and to see if you can qualify for this excellent program, please fill out the form below. We'd love to hear from you!
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MYDADDYHOMES COMMUNITY INVOLVEMENT
   
 
Cell: 416-258-3079, 647-289-0038, Off: 905-456-1177
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About Brampton & Mississauga
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Arlene Samuel, B.S.,
Broker, ABR
Contact Us Now!
416-258-3079
647-289-0038
Offc: 905-456-1177
Toll Free: 1-866-456-1177
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Connect With Us:
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Buyers Wanted!
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Buy With $0 Down: |
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Buying a Home Video:
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Mortgage and Financing:
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Avoid Buying Mistakes:
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Free Home Evaluation: |
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* (Listing Commission Rate) Different commission rates fees and listing and marketing services may be offered by other RE/MAX franchises and sales associates in Canada.
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One of the best investment decisions you can make is to buy Mississauga or Brampton Real Estate, buying Mississauga or Brampton Real Estate is a sound investment, based on the yearly increase in Mississauga and Brampton, Buying Brampton Homes for sale or Brampton real Estate is a good retirement fund. When buying Mississauga or Brampton real estate, a Mississauga or Brampton House or Home you must have trust and confidence in your real estate agent. The MyDaddyHomes team is commitment to ensuring their clients are satisfied with the level of service they receive. The MyDaddyHomes team is committed to provide you with Real Estate Services second to none. Call us first and see what quality service is.Buying a Brampton or Mississauga home is a great investment. With a Brampton or Mississauga home you have piece of the rock. When comparing Brampton and Mississauga homes to other homes in the GTA, Brampton and Mississauga has the best to offer. Mississauga and Brampton homes come in all different type, You can get a starter Brampton home for around $240,000, a semi-detached Brampton home for around 260-280,000, a newer Brampton town home for around 300-320,000, Newer semi detached houses for sale in brampton for around $320-350,000. In the detached Brampton homes, you can get a 2000, sq, ft home for around $380.000 and then bigger Brampton homes from 350-600,000. Brampton condos can start from $135.000 So is a Brampton home a great investment? yes it is, Come join us and enjoy comfort and a great lifestyle in a Brampton home. Contact Brampton Real Estate agents, Edison and Arlene Samuel today of you are planning on renting, buying or sellinga home. Thinking about renting, visit our rental pages, Brampton homes and condios for rent and you can also visit Mississuaga homes and condos for rent
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