BORROWING DISCLOSURE STATEMENTShared Equity Mortgage Agreement • October 10th, 2019
Contract Type FiledOctober 10th, 2019This Agreement is made pursuant to section 57 of the National Housing Act and sets out the terms and conditions on which Canada Mortgage and Housing Corporation, in its capacity as Program Administrator of the First-Time Home Buyer Incentive program (“Program Administrator”), will advance to you, as the Homeowner, a portion of the Original Home Value for your new Property (the “Incentive”).
BORROWING DISCLOSURE STATEMENTShared Equity Mortgage Agreement • October 10th, 2019
Contract Type FiledOctober 10th, 2019This Agreement is made pursuant to section 57 of the National Housing Act and sets out the terms and conditions on which Canada Mortgage and Housing Corporation, in its capacity as Program Administrator of the First-Time Home Buyer Incentive program (“Program Administrator”), will advance to you, as the Homeowner, a portion of the Original Home Value for your new Property (the “Incentive”).