No Comments

How To Apply For Funding To Build a Secondary or Backyard Suite on Your Property

Image shows a small apartment or secondary suite equipped with a kitchen, island dining area and futon. There is a small bookshelf to the right and a hallway.

Incentive Program to Encourage More Affordable Housing If you are looking to renovate or build a secondary suite to offer to a family member or to rent out, this program may be the right fit for you. Secondary and Backyard Suite Incentive Program is an initiative driven by the provincial government to partner with homeowners in Nova Scotia to build affordable housing. This pilot program aims to provide loans to eligible homeowners to help construct secondary suites, whether in the basement or detached from the primary residence that can be offered to others as affordable residence.  The program’s…

Read more
No Comments

How to Get a Mortgage in Nova Scotia

Getting a mortgage in Nova Scotia is similar to getting a mortgage in any other part of Canada. Here are some general steps to follow: Determine how much you can afford. Before applying for a mortgage, it’s important to determine how much you can afford to borrow. Use a mortgage affordability calculator to estimate your monthly payments based on your income, expenses, and debt. Mortgage calculator  Shop around for lenders. Compare mortgage rates and terms from multiple lenders to find the best deal. You can do this easily by working with a mortgage broker who…

Read more