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Home Buyers Plan Question

1K views 0 replies 1 participant last post by  MamaBear76 
#1 ·
Hi,

My husband and I are buying our first home (neither of us have previously owned). Due to CMHC credit restrictions my name will not be on the mortgage and therefore won't be on the title. The signed purchase agreement currently has both our names.

If I withdraw funds from my RRSP under HBP now (closing date is May 28th) and have my name added to the mortgage and title within the required time frame am I still eligible?

Thanks in advance!
 
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