Enter your branch for account features

Please enter your branch to view account features in your area.

Not signed up yet?

Enter your branch to sign in

Please enter your branch so we can connect you to the correct banking system.

Not signed up yet?

Find out how to sign up

Home»My life»Personal products & services»Borrowing»Mortgages»Mortgage options»Home Buyers' plan

Home Buyers' plan 

The Home Buyers' Plan allows you to withdraw up to $25,000 from your registered retirement savings plan (RRSPs) to use as a down payment to buy or build a home. The loan is not considered income and will not be taxed as long as you put the money back into your RRSP within 15 years (minimum annual payments required).

To qualify you must be a first-time home buyer or the home must be for a person with a disability (yourself or a relative).

Details about the Home Buyer's plan are available from the Government of Canada.

Apply for a mortgage

Call Servus at

Find a branch/ATM

Build a nest egg while you pay for the nest

Earn Profit Share on your mortgage and convert your dividends to an RRSP