FAQ – RRSP Arms Length Mortgages

If you are considering what to do with your RRSP funds, one thing to consider is the real estate market. As a private mortgage lender, you’ll make more interest than a bank would, because you’re lending to someone who represents a higher credit risk. However, the fact that people will pay their mortgages first and Continue Reading…

Investing in Mortgages – FAQ

Can the mortgage request be funded by more than one RRSP account? Yes, mortgages can be funded wholly or in part from the annuitant’s RRSP. If your RRSP is not large enough to fund the entire mortgage, the mortgage could be split between your accounts and other RRSP fund holders. What properties qualify? Residential (max Continue Reading…