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    Win a Trip to Las Vegas Contest!
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5% Down Second Home Mortgage

Lifestyles are changing and these changes affect decisions that Canadians make regarding how and where they live. With this in mind CMHC will now provide homeowner insurance for borrowers with more than one residential property. You can now buy a second home with as little as 5% down from your own or borrowed source. The new home must be intended for occupancy at some point during the year by the borrower or a relative of the family rent free.  This second home can be anywhere in Canada.

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