Get into a home using your RRSP's with no penalties
- use a maximum of $20,000 in RRSP's for each applicant with no tax penalties

- maximum of two new homebuyers per application for a total maximum RRSP down payment of $40,000

- the withdrawn funds need to be repaid into your RRSP account within 15 years, with minimum annual payments of 1/15th of the withdrawn amount

Apply online now...

Owner occupied properties only
Competitive fixed or variable interest rate mortgages with 25 to 35 year amortizations available for new construction or existing properties. CMHC, Genworth, or AIG insure these types of mortgages.

For more information, please visit:

http://www.cmhc-schl.gc.ca