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: ; ^( S0 E) U6 A; f/ i y% Z
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O- J) a F2 SYou and your spouse can each borrow up to $20,000. " w5 D0 E1 X. x( HThe funds must have been on deposit at least 90 days before you withdrew them. - G; o. V* k, i1 }$ N* K
At least 1/15 of the funds must be repaid each year, beginning two years after the funds were withdrawn. 5 q& s' N R" T8 NA signed agreement to buy or build a qualifying home is required. 7 T. x7 ]* G& @; AYou can only participate in the program once.
原帖由 MORTGAGEWISE 于 2006-6-19 16:06 发表$ C U& Q' Z; s- n' w
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: : S6 @( K3 v3 I" Z, C
' }; G1 d0 d; ~! h: b 8 ~. h' s3 n$ H" P2 _: s( k5 a+ d. B U# R! h8 e
You and your spouse can each borrow up to $20,000. . w- P! E" V% D
The funds m ...