Home Buyers Contribution (HBC) Program │Métis Nation of Ontario (MNO)

To be eligible for this program, applicants must meet the following criteria:

• Primary Applicant must be a Citizen of the Métis Nation of Ontario with a complete citizenship file
• Primary Applicant must be 18+ years
• Primary Applicant must meet the following criteria to be considered a first-time home buyer
  • Must not currently own or have legal interest in any properties
  • Must not have occupied a home that either they or their current
    spouse/common-law partner owned in the last 4 years
    • The Primary Applicant pay be eligible if they have lost their home due to the dissolution of a marriage or common-law partnership
• Primary Applicant must be a permanent full-time resident of Ontario purchasing a home in Ontario
• Primary Applicant must be able to qualify for and obtain a mortgage from one of the MNO Preferred Lenders (Scotiabank, RBC, Meridian Credit Union) with a minimum* personal down payment from traditional sources**
• Primary Applicant must provide proof of minimum 5% down payment from traditional sources, which include personal savings, investments, RRSPs, FHSA, and/or non-repayable gifts from an immediate family member
• Primary Applicant must qualify for a pre-approved mortgage from one of MNO’s preferred lenders. The MNO’s preferred lenders include Royal Bank of Canada, Scotia Bank, and Meridian Credit Union.
• Primary Applicant must secure a property within 90 days from the date they are conditionally approved for the MNO HBC Program
• Primary Applicant must not have received previous funding from the HBC program.
• The subject property must be an eligible property. It must be used for residential and single owner-occupied purposes with no rental capacity. The following home styles are eligible:
  • Single detached home
  • Semi-detached home
  • Townhouses/Row Housing
  • Condominiums