Real Estate Professional
519.672.9880
Royal LePage Triland Realty, Brokerage
#103 - 240 Waterloo Street, London, ON N6B 2N4
519.670.8778
jordan@jordanwilsonhomes.com
Royal LePage Triland Realty, Brokerage
#103 - 240 Waterloo Street
London, ON N6B 2N4
JordanWilson
Copyright 2013. Jordan Wilson Homes. All rights reserved
The program will assist moderate income rental households in purchasing affordable homes in London or Middlesex County by providing eligible home buyers an interest-free forgivable loan over 20 years, covering up to 5% of the home's purchase price, to a maximum of $25,000.
Looking forward to helping you find your next home
Make an offer on a home
Complete the application forms provided below
Submit the completed forms and all required documents in one of the following ways:
Email: housingprograms@london.ca
Drop off: City Hall, 300 Dufferin Avenue at the Path2Approval counter on the 2nd floor (Open Mon-Fri 8:30AM-4:30PM)
Path2Approval counter staff at City Hall are only accepting completed application packages and unable to assist with program inquires.
Mail: City of London, PO Box 5035, London ON N6A 4L9 - Attention: Homeownership Down Payment Assistance Program
Please email or call the Housing Program team with any program inquiries or application process questions.
- Applicant must be at least 18 years old
- Applicant cannot currently own a home or a residential property (in whole or in part, including a recreation or cottage property). Also cannot be living in a spousal relationship (including same-sex spousal relationship) with a person who owns, in whole or in part, a residential property including recreation or cottage property.
- Total household liquid assets cannot exceed $100,000
- Maximum house price is $500,000
- Maximum income limits are $95,000 for a single person and $115,000 for a family
- Applicant must be a renter in London or Middlesex County
- Applicant must agree not to lease the home or individual rooms in the home and must agree to occupy the home for the duration of the loan agreement
- Applicant must be eligible to obtain a mortgage at a recognized financial institution and demonstrate sustainability
- Applicant must be able to pay all closing costs
- All homes must have a home inspection
- Sign loan agreement