This program is designed for co-owners parting ways, where one party wishes to buy out the other and keep the property.

 

• While most commonly used in marital separations, it also applies to common-law partners, siblings, or other co-owners.

• The new mortgage can be up to 95% of the home’s value, meaning the remaining owner can essentially start over with only 5% equity in the home.
   

 

Did You Know?

If you're going through a marriage breakdown, you may regain eligibility for first-time home buyer programs. Click here to learn more. 

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