MNO Home Buyers Contribution (HBC) Program 2023/24
Opens Apr 3 2023 08:30 AM (EDT)
Deadline Sep 7 2023 02:00 PM (EDT)
Description

Please be advised, the program has reached maxed capacity for this years funding, therefore the application is temporarily closed. The HBC program will be re-launching in the Spring 2024. 

The goal of the Home Buyers Contribution Program is to financially assist eligible MNO citizens, by providing them help with their down payment for the purchase of their FIRST primary residence in Ontario. Those individuals and/or families that qualify for a mortgage and do not own a home, or have interest in any real estate, may be eligible to apply.

Eligible households must meet the following criteria:

1.       Are a registered Métis Nation of Ontario Citizen

2.       At least 18 years of age or older

3.       First Time Home Buyer

4.       Applying for a primary residence in Ontario 

5.       Provide proof of down payment from traditional sources*

6.       Able to qualify and obtain a conventional mortgage**

7.       Must not have received previous funding from the MNO Home Buyers Contribution (HBC) Program

*Minimum down payment is 5% for the first $500k of the purchase price. 10% down payment is required on amounts over $500k but under $1M. Minimum down payment required on homes over $1M is 20% of the entire purchase price.

**MNO has partnered with an approved Mortgage Lender(s) who are familiar with the Home Buyers Program and legal process.

To access the application, you must first REGISTER with Survey Monkey, using your email address and the applicant's first and last name.

If you have a general question or needing assistance with Survey Monkey please contact Housing Programs.

P: 705-722-5022 ext. 302 E: jessicad@metisnation.org

**Please check your junk folder for any email correspondence**

If you would like to learn more about the home buying process, budgeting and savings, personal financial support, and much more, please contact the Financial Literacy Coordinator jessicad@metisnation.org or 705-722-5022 ext 302 to schedule a one-on-one meeting, https://www.metisnation.org/programs-and-services/housing-infrastructure/financial-literacy-program/

MNO Home Buyers Contribution (HBC) Program 2023/24


Please be advised, the program has reached maxed capacity for this years funding, therefore the application is temporarily closed. The HBC program will be re-launching in the Spring 2024. 

The goal of the Home Buyers Contribution Program is to financially assist eligible MNO citizens, by providing them help with their down payment for the purchase of their FIRST primary residence in Ontario. Those individuals and/or families that qualify for a mortgage and do not own a home, or have interest in any real estate, may be eligible to apply.

Eligible households must meet the following criteria:

1.       Are a registered Métis Nation of Ontario Citizen

2.       At least 18 years of age or older

3.       First Time Home Buyer

4.       Applying for a primary residence in Ontario 

5.       Provide proof of down payment from traditional sources*

6.       Able to qualify and obtain a conventional mortgage**

7.       Must not have received previous funding from the MNO Home Buyers Contribution (HBC) Program

*Minimum down payment is 5% for the first $500k of the purchase price. 10% down payment is required on amounts over $500k but under $1M. Minimum down payment required on homes over $1M is 20% of the entire purchase price.

**MNO has partnered with an approved Mortgage Lender(s) who are familiar with the Home Buyers Program and legal process.

To access the application, you must first REGISTER with Survey Monkey, using your email address and the applicant's first and last name.

If you have a general question or needing assistance with Survey Monkey please contact Housing Programs.

P: 705-722-5022 ext. 302 E: jessicad@metisnation.org

**Please check your junk folder for any email correspondence**

If you would like to learn more about the home buying process, budgeting and savings, personal financial support, and much more, please contact the Financial Literacy Coordinator jessicad@metisnation.org or 705-722-5022 ext 302 to schedule a one-on-one meeting, https://www.metisnation.org/programs-and-services/housing-infrastructure/financial-literacy-program/

Opens
Apr 3 2023 08:30 AM (EDT)
Deadline
Sep 7 2023 02:00 PM (EDT)