RRSP for Down Payment
Turn your savings into your first step toward homeownership.
We help first-time homebuyers unlock the full potential of their existing savings. Through Canada’s Home Buyers’ Plan (HBP), you can withdraw up to $60,000 from your RRSPs—tax-free—to put toward your down payment. This program can significantly reduce the financial pressure of purchasing your first home. We guide you step-by-step through eligibility checks, withdrawal limits, and the repayment process, ensuring you understand the impact on your finances today and in the future. With expert advice and a clear strategy, you can make your move with greater confidence and control.
How We Help
We break down eligibility, withdrawal limits, and repayment rules so you can use your RRSPs without confusion.
Plan Your Finances Wisely
We align RRSP strategy with your mortgage plan so your down payment works in your favor long-term.
Support Your First Purchase
From paperwork to timelines, we make sure your HBP use fits perfectly into your homebuying journey.
What Sets Us Apart
- RRSP + Mortgage Expertise : We understand both sides—your investment accounts and your loan strategy.
- Smooth Process, Start to Finish : We handle the paperwork and lender coordination so you don’t miss deadlines.
- First-Time Buyer Support : We simplify the steps and support you throughout your first purchase.
- Strategic Financial Planning : We look at the big picture so your choices today serve your goals tomorrow.
Ready to make your move?
Request a callback today and let Queen of Mortgages back your boldest business moves.