Blog by

<< back to article list

BC Home Partnership Program

Below is the link to the BC Housing website to create an account for the BC Home Partnership Program (the BC government will match your funds up to 5% of the purchase price under $750,000 if you qualify for the program. The funds will be loaned as a 2nd mortgage with payments deferred for 5 years). Click on the picture on the right hand side of the webpage to create an account. You only need one account even if there are two applicants.
 
 
Once an account has been created there is a button to start the application. Before the borrower, and any co-applicant, can start the application, they should have the following documents scanned and ready for upload:
  1. Their Pre-Approval Letter from their lender
  2. Birth Certificate
  3. Driver’s Licence or Passport
  4. Most recent Notice of Assessment

You must fill out the current page completely before it will let you go on to the next page.

Your lender with your 1st mortgage must approve you placing a 2nd mortgage behind their mortgage.

For more information please contact:

Alexandra Axsen
Lake Okanagan Realty Ltd.
Managing Broker/Owner
Tel: (250) 870-2792
Email: Alex@LakeOkanaganRealty.com
506 Doyle Ave
Kelowna, BC V1Y 6V8

Archives