Edmonton Mortgage Blog

Your Edmonton Mortgage Broker: Natalie Wellings

How to use your RRSP to pay your mortgage

March 2, 2018 | Posted by: Natalie Wellings

Did you know that you could give yourself a mortgage loan from your RSP's? This strategy is very interesting, especially if you currently invest into GIC's at very low rates of return within your RSP and you have a mortgage. Utilizing this strategy you could be paying interest to yourself instead of the bank. Who knew??

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