Can I use my RRSP to buy a house a second time?

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Can I use my RRSP to buy a house a second time?

Rounding it up

  • It is possible to take money from your RRSP a second time but you must repay the previous HBP balance and wait four years.

  • There are many alternative incentives and credits available to both first-time home buyers and existing homeowners.

  • Before you prematurely withdraw from your RRSP, think about the potential financial consequences.

6 min read

Dan Bucherer
#home#home ownership#RRSP#home buyer incentive

Dan Bucherer

Dan is a runner and writer living in the Washington, D.C. area, where he currently works for a financial services trade association as the Communications Director.

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