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Mortgage Types Available:
Fixed Rate Mortgages
Variable Rate Mortgages
Fixed and Variable Rate
Known Banks & Policies:
RBC Royal Bank http://www.rbcroyalbank.com
Citizens Bank of Canada https://www.citizensbank.ca
Under the federal government's Home Buyer's Plan, first-time home
buyers are eligible to use up to $20,000 in RRSP savings per person
($40,000 for couples) for a down payment on a home. The withdrawal
is not taxable as long as you repay it within a 15-year period.
To qualify, the RRSP funds you plan to use must have been in your
RRSP for at least 90 days.
Other Fees / Taxes: