Down Payment Grants for Saskatoon Homes – Innovative Residential fbpx

OWNING A HOME IS POSSIBLE

EVEN IF YOU DON'T HAVE A DOWN PAYMENT (YET)

APPLY FOR A FREE DOWN PAYMENT GRANT

Saving for a down payment isn't easy.

You work hard to earn a living, but life doesn't always go according to plan and saving up $10,000 to $15,000+ for a home the old-fashioned way can take years longer than expected.

Whether you're outgrowing your rental (or your parents' place), or you're just sick of paying your landlord's mortgage with your paycheques every month — you know that time is money.

What if you could avoid sacrificing the next few years
struggling to scrape together enough savings for your own home?

Good news: getting a free down payment for a home is easier than you think!

It's as simple as applying for a
Free Down Payment Grant
for a brand new home built by Innovative Residential.

APPLY NOW

YOUR KEY TO HOMEOWNERSHIP AWAITS

If you do not currently own a home, you may be eligible for a free down payment grant to put towards a brand new home built by Innovative Residential!

Down payment grants are gifted to homebuyers in need on a case-by-case basis. Grants are available in the amount of 5% or 3% of the purchase price of the home, depending on your household income and whether or not you have dependents.

Plus, the down payment grant never has to be repaid.

(Not even if you decide to sell your home in the future.)

Find out if you are eligible for a free down payment grant by submitting your application today - it only takes a minute!

APPLY NOW

HOW IT WORKS

1. APPLY FOR A GRANT

Submit an online application to find out if you are eligible for down payment assistance. One of our team members will walk you through the process and help you figure out which grant you may qualify for.

2. GET PRE-APPROVED

If you are eligible for a grant, we can connect you with a mortgage professional who is familiar with the grant program, so you can review your borrowing options and secure a mortgage pre-approval with the help of the grant funding.

2. GET PRE-APPROVED

If you are eligible for a grant, we can connect you with a mortgage professional who is familiar with the grant program, so you can review your borrowing options and secure a mortgage pre-approval with the help of the grant funding.

3. CHOOSE YOUR HOME

Once you have your financing sorted and you've determined what you can afford, our expert housing coordinator will help you choose a brand new home that suits your needs and your budget from our available townhomes and condos in Saskatoon.

4. GET YOUR KEYS

Before we hand over the keys, we'll write up some final paperwork and get a few signatures. Once the legal things are taken care of, the place is officially yours!

4. GET YOUR KEYS

Before we hand over the keys, we'll write up some final paperwork and get a few signatures. Once the legal things are taken care of, the place is officially yours!

5. WELCOME HOME

After your moving day and initial walk through, we'll check in with you periodically to see how you're settling into your new home.

6. POST-POSSESSION CARE

In case any warranty needs arise, our in-house Warranty Technicians will be at your service for the entire first year.

6. POST-POSSESSION CARE

In case any warranty needs arise, our in-house Warranty Technicians will be at your service for the entire first year.

Now you can own a home without having to break the bank.

Down payment assistance is offered in partnership between Innovative Residential, various levels of government, and organizations dedicated to affordable housing.

Are you eligible for a free down payment grant?

Find out by submitting your application today- it's quick & easy!

APPLY NOW
VIEW HOMES

Questions? We're here to help! Send us a message or talk to us at (306) 500-7755.