Buy.ca launches Down Payment Boost program

Buy.ca, a Canadian real estate search platform, has officially launched its Down Payment Boost program, designed to aid 100 homebuyers monthly. The initiative provides up to $50,000 in upfront cash back based on Buy.ca’s commission, allowing buyers to bolster their down payments without incurring debt or interest.

Partnering with Perch, the platform offers mortgage pre-approvals via soft credit checks, ensuring no impact on credit scores and access to rates up to 0.25% lower than market averages. Buy.ca also collaborates with Doormat and Nava Wilson LLP to provide cost-effective flat-fee legal services.

“Saving up for a down payment takes years. Not to mention the challenges of managing a mortgage. We help you save on both with our Down Payment Boost program. With Buy.ca you can buy a home sooner than you think,” said Senthu Velnayagam.