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

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At Mortgage Intelligence we pride ourselves in providing not just mortgages, but an understanding of what it takes to get the right mortgage and how to save thousands once you have one. First Tiem Buyers can staill buy with Zero Down if they have good credit and a stable income. Cash Back Mortgages are designed to provide a down payment when buying your first home. Ask us about using your RRSP as a down payment and get 15 years to repay it.

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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.