Mortgage Blog
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70% of New Homebuyers Needed Down Payment Help
August 13, 2025 | Posted by: Angela Robinson
A new survey from Mortgage Professionals Canada shows thatmost Canadians can’t buy a home without financial support.
In the past two years,7 in 10 homebuyers say they couldn’t have purchased without help—whether from family gifts, loans, or other outside support.
???? What does this mean for buyers in Alberta?
With affordability challenges across the country, expert mortgage advice has never been more important. A broker can help you explore every option—so you can get into your home sooner, with a plan that works for your budget.
???? Regional Snapshot
- Lowest self-funded buyers: BC (34%), Prairies (37%), Ontario (38%)
- Highest self-funded buyers: Quebec (51%), Atlantic Canada (47%)
???? Bottom line: Down payment assistance is no longer just a “nice-to-have”—for many Canadians, it’s essential.
Thinking about buying? Let’s find a path that works for you, contact us today!
#AlbertaMortgageProfessionals #AlbertaRealEstate #FirstTimeHomeBuyer #DownPaymentHelp #MortgageBroker
