If you’re Métis and dreaming of homeownership, there’s good news.

The Métis Nation of Alberta’s Down Payment Assistance Program is set to reopen in August. This initiative can offer up to 5% of the purchase price toward your down payment, which is a substantial help, especially in today’s high-cost housing environment.

Continue reading or watch my video for more details:

What is the Métis Down Payment Assistance Program?

It’s a grant-based program available to eligible citizens of the Métis Nation of Alberta. You don’t need to repay the funds, and the grant can cover up to 5% of your home’s purchase price—helping you meet minimum down payment requirements.

This can be especially helpful for first-time buyers, or for anyone who hasn’t been able to build up savings due to the rising cost of living.

How Does the Métis Down Payment Program Work?

Here’s what you need to know:

• You must be a registered citizen of the Métis Nation of Alberta.

• You’ll need to qualify for a mortgage through a lender.

• The property must be in Alberta.

• You must plan to live in the home as your primary residence.

The program runs on a limited budget and has closed in the past when funds were exhausted. With funding available again in August, now’s the time to act.

What Should You Do Next?

Even if you’re not planning to buy until later this year, it’s worth having a conversation now. We can:

• Get you pre-approved for a mortgage

• Lock in a rate

• Ensure you’re eligible and ready to apply for the grant as soon as the program opens

That way, you’re not scrambling when the window opens and you’ll be in a better position to act quickly when you find the right home.

Whether you are preparing to buy your first home or thinking about making a move, if you’re looking to get pre-approved for a mortgage in Edmonton, fill out my online application. I’m here to help you every step of the way.

About Jason Scott, Edmonton Mortgage Broker

Looking for a personalized mortgage solution? As an Edmonton Mortgage Associate, I’m trusted partner who will help you get the right mortgage for your home or investment property. I’m Jason Scott, and I’ll be your Mortgage Broker in Edmonton.