You might be right right here
Qualified individuals can put on to get an interest-free repayable loan of up to five % associated with purchase cost of a property.
- The purchase cost of the house may well not surpass $280,000 when you look at the Halifax Regional Municipality (HRM) and $150,000 into the remaining portion of the province.
- Individuals will need to have good credit and start to become pre-approved for an insured home loan by an established standard bank.
- The following criteria must be met: for an applicant to be eligible for the assistance
- The home is in Nova Scotia
- The applicant is a first-time house customer
- The applicant won’t have the ability that is financial spend 5% associated with purchase cost of the home without help regarding the system.