Loan program to help 15 Peterborough renters afford a down payment

Loan program to help 15 Peterborough renters afford a down payment  is available to people who are renting and have a total household income of up to $69,800.00 The household must purchase a house for $254,000

Loan program to help 15 Peterborough renters afford a down payment will give renters who need a little boost the opportunity to become homeowners — people who can carry a mortgage but can’t put together a down payment. When the sale of the homes closes, the loan is registered as a second mortgage.

Loan program to help 15 Peterborough renters afford a down payment  is administered through the City. For more information on how to apply, contact the City’s housing division at 705-742-7777 ext. 4663 or email housing@peterborough.ca

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