RRSP deadline is coming – max out your contribution room for mortgage down-payment

This is just a quick note to let everyone who is looking to buy a home know that they can max out their RRSP contribution room before the 2nd of March and get a tax receipt for this year AND be able to use up to $35,000 per person under the Home Buyers Plan.

What if you do not have any savings to put into the RRSP? You can still do it, provided your credit rating is good. However, you can’t just go anywhere to do it. I can tell you the best place to go in order to speed up your down-payment process for buying a home as soon as possible. Call me and I can help you with this as part of the pre-qualification process.