Nova Scotia Down Payment Assistance Program: Full Eligibility & Application Guide
The Nova Scotia Down Payment Assistance Program (DPAP) offers eligible first-time buyers an interest-free loan to help cover their down payment. Here's exactly how it works, who qualifies, and how to apply.
What the Program Offers
- An interest-free loan equal to 5% of the home's purchase price, put toward your down payment
- Repaid over 10 years, with no interest charged
- Used alongside an insured mortgage from a participating lender
Who Qualifies
- Pre-approved for an insured mortgage
- Household income under $145,000
- Credit score of 650 or higher
- First-time home buyer
- Canadian citizen or permanent resident living in Nova Scotia full-time
Regional Price Caps
- Halifax Regional Municipality & East Hants: up to $570,000
- West Hants, Annapolis Valley, South Shore: up to $375,000
- Yarmouth and Northern/Eastern regions: up to $300,000
- For homes priced above $500,000, a blended 5%/10% down payment rule applies
How to Apply
Applications are submitted through the Province of Nova Scotia, and approval takes about three weeks — so apply at least three weeks before your financing deadline. I can help you time this alongside your mortgage pre-approval.
Frequently Asked Questions
No — it's interest-free, repaid over 10 years.
Sources: Province of Nova Scotia (novascotia.ca). Program details can change with provincial budgets, so confirm current terms before applying. Last reviewed 2026-08.
Wondering If You Qualify?
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