The advance payment Assistance Program (DPAP) assists Nova Scotians with modest incomes who pre-qualify for the insured mortgage to buy their very very first house.

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Qualified individuals can put on to get an interest-free loan that is repayable of to five % associated with purchase cost of a property.


  • The purchase price of the house may well not go beyond $280,000 into the Halifax Regional Municipality (HRM) and $150,000 within the remaining portion of the province.
  • Individuals will need to have good credit and stay pre-approved for an insured home loan by an established institution that is financial.
  • The following criteria must be met: for an applicant to be eligible for the assistance
    • The house is in Nova Scotia
    • The applicant is a first-time home buyer
    • The applicant won’t have the ability that is financial spend 5% of this purchase cost of the house without help regarding the system.
    • The applicant is pre-approved for an insured home loan by an established standard bank
    • The applicant has a credit rating that is satisfactory
    • The applicant has evaluated the academic product for first-time house purchasers given by Housing Nova Scotia (see below)
    • The applicant’s total household earnings is not as much as $75,000
    • The applicant is a Canadian resident or has permanent resident status
    • The applicant has resided in Nova Scotia for at the very least 12 months
  • The bought property ought to be the applicant’s principal residence; leasing properties, regular and leisure properties aren’t qualified.
  • Mobile phone domiciles qualify only when they have been forever affixed to a house owned by the applicant.