First Time Home Buyers
Use your RRSP as a downpayment.
If you have RRSP savings you have a down payment that you can access now and take up to 15 years to repay. You may also be able to save on CMHC Insurnace when buying your home, but using your RRSP funds to put down more than 5% of the purchase price. You and a spouse can use up to $25,000 each as a down payment if neither of you has owned a home in the past.
We are pleased to provide you with valuable information about using your RRSP so you can buy a home now! Here is the information RRSP as a down payment
If you wish to take advantage of historically low mortgage rates, please apply now using our secure online mortgage application today!
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