Eligibility for Home Buyers Plan

Home Buyers Plan : To participate in the HBP, you must meet both the HBP eligibility and RRSP withdrawal conditions.

On this page:

• Do I meet the HBP eligibility conditions?
• Do I meet the RRSP withdrawal conditions?

Do I meet the HBP eligibility conditions?

• You must be considered a first-time home buyer.
• You must have a written agreement to buy or build a qualifying home for yourself, for a related person with a disability, or to help a related person with a disability buy or build a qualifying home (obtaining a pre-approved mortgage does not satisfy this condition).

Home Buyers’ Plan

The Home Buyers’ Plan (HBP) is a program that allows you to withdraw up to $25,000 in a calendar year from your registered retirement savings plans (RRSPs) to buy or build a qualifying home for yourself or for a related person with a disability.

We are also Canadian private hard money lenders. We can offer you multiple solutions to resolve any situation. We can also do short term small private mortgage if required.

We can HELP !! We also BUY HOUSES. Please call:

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