Yukon Housing Corporation

Programs & Services

Loan Programs

First Mortgage Loan 

Owner Build Loan

Down Payment Assistance Program 

Home Repair Loan

Rental Suite/Secondary Suite Loan


 

First Mortgage Loan

• Financing for bank ineligible first-time homebuyers to purchase an existing home
• 2.5% down payment
• Low interest rates (1% below average posted rates)
• Amortize over 30 years
• 5 year terms
• Must prove bank ineligibility
• Opportunities to combine with Home Repair and Rental / Secondary Suite Program

First Mortgage Loan Information

Application


    Owner Build Loan

    • Financing for bank ineligible first-time homebuyers to build a new home
    • 2.5% down payment
    • Low interest rates (1% below average posted rates)
    • Amortize over 30 years
    • 5 year terms
    • Must prove bank ineligibility
    • Interest only payments during construction
    • For primary residence
    • Opportunities to combine with Home Repair and Rental / Secondary Suite Program

    Owner Build Loan Information

    Application:


      Down Payment Assistance Program

      • For first time home buyers who need a low interest loan to help with a down payment on a new home
      • Borrow 5% of the purchase price for the down payment
      • 2% interest rate
      • Amortize over 15 years
      • 5 year term
      • Eligibility capped at Statistics Canada median income

      Down Payment Assistance Program Information

      Application:


        Home Repair Loan

        • Financing to address building components in need of repair, energy efficiency upgrades, overcrowding and accessibility issues.
        • Borrow up to $50,000
        • Interest rates of prime + 1%
        • Amortize over 15 years
        • Forgivable loan and subsidy program for eligible clients (max $30,000)
        • Properties on rented or leased land are eligible for up to $20,000 in financing
        • For primary residence

        Home Repair Loan Information

        Application


         

        Rental Suite/Secondary Suite Loan 

        • Financial assistance at a low interest rate to qualified Yukon landlords who have a rental living suite within their place of residence in need of repair, or to construct a new living suite where zoning allows.
        • Borrow up to $35,000 per unit
        • Properties on rented or leased land are eligible for up to $20,000 in financing
        • Interest rates of prime + 1%
        • Amortize over 15 years

        Rental Suite/Secondary Suite Loan Information

        Application

      • Rental Suite/Secondary Suite Loan Application
      • Contact us

        Location:
        410 Jarvis Street
        Whitehorse YT
        Y1A 2H5 

        Mailing address:
        Yukon Housing Corporation
        Box 2703 (Y-1)
        Whitehorse, Yukon
        Y1A 2C6

        Phone: (867) 667-5759
        Toll-free (in Yukon): 1-800-661-0408 ext. 5759
        Fax: (867) 393-7597
        Email: ykhouse@gov.yk.ca