Durham Region Mortgage Solutions Team offers knowledgable mortgage advice, personalized service and some of the lowest interest rates in Durham Region.

Home Blog Blog Use up to $25,000 of Your RRSP | First Time Home Buyers
Use up to $25,000 of Your RRSP | First Time Home Buyers

First Time Home Buyers can take advantage of the increased amount of RRSP that can be used as a down payment for a home.

Those who have not owned a home in the past 5 years can access up to $25,000 from their RRSP as a down payment without paying the tax on the redemption.

That's great news for anyone who would like to take advantage of excellent interest rates as well a reduced house prices to achieve their goals of home ownership!

If you are a first time home buyer, email us to receive your free home Buyers Package. It's filled with valuable information.

 

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