Uncategorized • June 22, 2024

Nova Scotia Down Payment Assistance Program

by Rob Lough

The Down Payment Assistance Program helps Nova Scotians who pre-qualify for an insured mortgage to buy their first home. You can apply to the Down Payment Assistance Program for a loan of up to 5% of the purchase price of a home to help with the down payment. You can apply anytime.

Use the Down Payment Assistance Program (DPAP) Form to apply for a loan from the Down Payment Assistance Program.

You can get a loan of up to 5% of the purchase price of a home. The loan is interest-free and repayable over a 10-year period. You must use the loan for a down payment (you can’t use the loan for financing, closing or other costs).

For more information about this loan and how to apply, please click here

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CENTURY 21 Optimum Realty

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