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: 3 {4 {/ `1 n9 j2 c ( m5 ~' s% O0 H2 F 9 D( D. r. f6 x: K* M( H# y1 R0 v9 v7 O8 ^' Y" g6 k. V: I4 l& v. @
You and your spouse can each borrow up to $20,000. " |/ i. H- f2 D6 ?
The funds must have been on deposit at least 90 days before you withdrew them. 1 \, _. @6 W; x0 a
At least 1/15 of the funds must be repaid each year, beginning two years after the funds were withdrawn. 9 e0 n; z( u$ S A- x' G* h) YA signed agreement to buy or build a qualifying home is required. A3 A- S6 u7 I# @You can only participate in the program once.
原帖由 MORTGAGEWISE 于 2006-6-19 16:06 发表 8 B3 |. t; G1 J! D- Y: {2 {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: 5 G( i. D/ |$ k, K" t ' g3 d) T0 H5 }9 T2 M5 w 3 _; d2 g, ^& g6 C0 \: j: C: Q 8 b7 ^8 m- W5 O% RYou and your spouse can each borrow up to $20,000. ' v4 m8 `/ A- U8 F: ^. j# F( J5 @The funds m ...