Easy application
The Home Completion Loan Program will give you financial help in the form of a repayable loan, for work needed to complete your home. The maximum loan amount is $40,000.
You will repay your loan will at an interest rate of 0% for those households with an adjusted income less than $30,000. For each $1,000 of adjusted income above $30,000 the interest rate will increase by one-half of 1% until it reaches the provincial borrowing rate.
Loans will be amortized or repaid over a period no longer than 25 years and will be subject to terms of one year. The Total Debt Service Ratio of the household including the Home Completion Loan must not exceed 42%.
A limited number of loans are available, so apply as soon as you can.
You may qualify for the Home Completion Loan Program (pdf) if:
For the Home Completion Loan Program please contact the regional office of the Department of Social Development at 1-833-733-7835.
Last updated: May 20, 2021