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If you are a first time home buyer...

dennis2 (Dennis)
You are eligible for:

1. Home Buyers Plan (use RRSP for down payment). See:
http://www.ccra-adrc.gc.ca/tax/individuals/topics/home_buyers/menu-e.html

2. Your down payment can be as low as 5%. Down side is that you need to pay for certain insurance (can't remember the name). The more down payment you put in, the less the amount of insurance. The insurance will be included in your mortgage.
(#144490@0)
2001-7-25 -04:00
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