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: 4 C- |7 k) \6 `" i 9 _, v+ _; M: z) `/ [- | ; P, Z. b. a" z3 v* @' N8 s- D$ U! E; b& b/ c9 B
You and your spouse can each borrow up to $20,000. 2 k1 Y9 `9 F j$ d5 b
The funds must have been on deposit at least 90 days before you withdrew them. ( D& ]( s4 Z; q' TAt least 1/15 of the funds must be repaid each year, beginning two years after the funds were withdrawn. 5 j' B9 s S+ gA signed agreement to buy or build a qualifying home is required. 9 |1 V2 f. \: O' E2 P/ V/ ~You can only participate in the program once.
原帖由 MORTGAGEWISE 于 2006-6-19 16:06 发表 & N7 V1 L) c2 o2 m X* pThe Home Buyer's Plan allows you to borrow funds from your RRSP to purchase your first home. Here are some of the key facts: & }9 i& ?! l' I/ z0 X8 R
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You and your spouse can each borrow up to $20,000. ! A% V( t: b! W2 O6 V
The funds m ...