The Home Buyer's Plan allows you to borrow funds from your RRSP to purchase your first home. Here are some of the key facts: " V, k2 G+ H* v+ r" n- B
2 J/ L5 i" }! y. Y6 N) X' b
5 b& m. f' u# {- A! l. {
( `! A: ]( z$ h5 C% q+ BYou and your spouse can each borrow up to $20,000. 8 l" |3 f7 ]( M& H8 `: `
The funds must have been on deposit at least 90 days before you withdrew them. 0 R. ^ P2 u Q& c' T. r
At least 1/15 of the funds must be repaid each year, beginning two years after the funds were withdrawn. & I) N0 e* c. ^, ?! K% ^A signed agreement to buy or build a qualifying home is required. 9 E- }: s( K4 I1 z! uYou can only participate in the program once.
原帖由 MORTGAGEWISE 于 2006-6-19 16:06 发表! Q, r3 w- G9 ?
The Home Buyer's Plan allows you to borrow funds from your RRSP to purchase your first home. Here are some of the key facts: + m) m( N. ]8 u' n* \) a
; H4 S) K0 G$ X; P 8 a& F+ H; A$ @- @ 0 f. }0 \2 @7 ]# N+ nYou and your spouse can each borrow up to $20,000. 9 c( `) _& [" D- v. l, L6 V
The funds m ...