New Brunswick Down payment assistance program

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New Brunswick Down payment assistance program

Post: # 47548Post Flipping4Profit.ca
Tue Jan 08, 2019 12:30 pm

New Brunswick Down payment assistance program

Program: Home Ownership Program

Provider: Government of New Brunswick

Details: This program offers assistance in the form of a repayable loan worth up to 40 percent of the purchase price of an existing home, or a maximum of $75,000 for new builds. It’s available to those with household incomes below $40,000. Applicants must be first-time home buyers or be living in a sub-standard housing unit; have been living in New Brunswick for at least one year prior to application; and have a good credit rating and meet all financial institution lending requirements for obtaining a first mortgage.

How to apply: http://www2.gnb.ca/content/gnb/en/servi ... ogram.html

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