Top Blog Posts
Jan2011
Using RRSP’s as a Down Payment = Not True Vancouver
Referred to as the HBP (Home Buyer’s Plan) There are a few misconceptions surrounding RRSP’s as they relate to the home buying process that I’d like to put straight. 1) The first common misconception is: “The RRSP MUST be used towards the Down Payment” = FALSE You can use as much or as little as [...]
May2009
What is the RRSP Home Buyers Plan?
RRSP Home Buyers Plan What is the HBP? The RRSP Home Buyers Plan (“HBP”) is a federal government program that allows first time home buyers to currently withdraw up to $25,000.00 (the “Contribution”) from their RRSP to use in the purchase of their first home. To qualify as a first time home buyer, the buyer [...]
