If you're planning to buy a home in Vancouver or anywhere in Canada in 2026, it’s important to understand the official federal down payment rules. For owner-occupied homes, the minimum down payment is 5% on the first $500,000, 10% on the portion between $500,000 and $1,000,000, and at least 20% for homes over $1,000,000. Under federal regulations, if your down payment is less than 20%, mortgage loan insurance (through CMHC, Sagen, or Canada Guaranty) is mandatory; if you put 20% or more down, mortgage insurance is not required. There is no law in Canada requiring a 35% down payment — higher down requirements sometimes come from specific lender policies (such as for self-employed borrowers or investment properties), not from federal mortgage rules.

#EmilyVuRealty #VancouverRealEstate #VancouverBC #YVRRealEstate #VancouverLiving #VancouverBusinessOpportunity #InvestInVancouver #ExploreVancouver #LifeInVancouver #VancouverCommunity #VancouverNeighborhood #VanCityLiving #VancouverInvestment #DowntownVancouver #BCRealEstate #Vancouver #listingagent #yvrlife #vancouverhomes #InterestRates #followforfollowback #JustSold #forsale #VancouverRealEstate  #realtortip