ActiveNew BrunswickLoanHousing
Home Ownership Program (New Brunswick)
New Brunswick Department of Social Development
A repayable loan to help lower-income New Brunswick families buy or build a modest first home.
- Value
- Not stated by source
- Intake
- Ongoing
- Last verified
- September 15, 2026
About the amount
A repayable loan covering 40% of the purchase price, closing costs and modest repairs; building instead of buying is capped at $75,000 and at half the total cost. Repaid at 0% interest below $30,000 of household income, rising 0.5% per $1,000 above that up to the provincial borrowing rate, amortised over at most 25 years.
Documents you'll likely need
- Proof of household income
- Pre-approval or purchase agreement
- Credit history
Source
https://www.gnb.ca/en/topic/family-home-community/housing-property/homeowner-assistance.htmlCashRadar identifies potential matches. Final eligibility is determined by the program administrator. CashRadar is an independent service and is not affiliated with the Government of Canada or any provincial government.