CMT Team·Globe and Mail Columns·January 9, 2013Alternative Down Payment Sources This week’s Globe column looks at ways people scrape together down payments when they don’t have enough non-registered savings of their own. It’s still perplexing that regulators let homebuyers borrow their 5% down payment from high interest sources, yet the government bans lower-interest cash-back down payment mortgages and 100% financing. That’s not to say that borrowing a down payment is advisable (it isn’t in most cases). It’s more a statement that there is regulatory inconsistency here, which is peculiar in a hyper risk-sensitive lending environment. More via: Canadians can still buy a house without saving their pennies Like news like this?Join our CMT Updates list and get the latest news as it happens. Unsubscribe anytime. SUBSCRIBE! Thank you for subscribing. One more step: Please confirm your subscription via the email sent to you.