Where can I find the downpayment?

• A gift from a family member
• Your RRSP (with Home Buyers' Plan (HBP) you could withdraw up to $ 25,000 from RRSP per person, without penalty)
• Your savings

Mortgage lenders generally acknowledge that the deposit comes from a “gift” from your loved ones, as evidenced by a letter signed by the donor stating that it is a gift, not a loan.

• Contact one of the Multi-Prêts advisors.
• Read more about the downpayment.