First Time Home Buyer Program
SR. Capital Mortgage works for you, not the banks, and provides unbiased guidance in your mortgage decision. There are hundreds of different mortgage products out there - and the choices you make could save you thousands of dollars and take years off your mortgage. Let a qualified Mortgage Alliance Professional take care of your Mortgage needs.
The Canadian government's Home Buyers' Plan (HBP) allows first time home buyers to borrow up to $25,000 from your RRSP for a down payment, tax-free. If you're purchasing with someone who is also a first time homebuyer, you can both access $25,000 from your RRSP for a combined total of $50,000.