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Down Payment

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2019
Featured 2025.12.18

How to Buy a House with No Down Payment in Canada .

Buy a home with no cash saved using CMHC FlexDown, RSP loans, and cash-back mortgages. Real strategies for Canadian first-time buyers with 700+ credit scores.

Buy a house with no down payment using 3 strategies: CMHC FlexDown (borrow up to $40K for down payment), RSP Home Buyers' Plan (withdraw $60K tax-free), or cash-back mortgages (5% cash back for closing costs). Need 680+ credit score and 5% down minimum. Total costs $8-15K for closing.

Portrait of Scott Dillingham
Scott Dillingham
Mortgage & Financing

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