What it was then: You could get a mortgage with zero downpayment which meant the lenders would provide a mortgage for 100% of the purchase price.What it is now: You must have at least 5% of the purchase price as a down payment from your own resources, a gift from relatives or borrowed via a separate loan or line of credit as the lenders will now only provide up to 95% of the purchase price.

via Mortgage Rule Changes: A year later.

via Mortgage Rule Changes: A year later.