I’d like to buy a house - $0 Down Payment

If you would like to purchase a house, but don't have enough savings to cover a 5% down payment as well as closing costs, our No Down Payment programs might be able to help!

To qualify for the No Down Payment program, you need to have good credit with a minimum credit score of at least 650.  There cannot be any outstanding collections or a bankruptcy appearing on your credit report.

You must keep your debt ratios within lending guidelines and be able to prove your income via paystubs, T4s and/or Revenue Canada Notice of Assessments.

There are a few different No Down Payment programs, however the best one in the Nova Scotia Down Payment Assistance Program (NSDPAP) where the Nova Scotia government will lend you a 5% down payment with 0% interest over 10 years.

Get more details about the NSDPAP from our downloadable Fact Sheet in our Library

Please give us a call today at (902) 820-3303 to set up an appointment to explore your mortgage options.