Join over 400 families we have helped through this program and own your own home sooner than you thought possible.
Join over 400 families we have helped through this program and own your
own home sooner than you thought possible.
Helping Albertans Achieve Home Ownership
Our mission is to help Albertans exit the rental cycle and become a home owner
Down Payment Assistance
Liberty Home Ownership is a non-profit organization that has created a program designed to help Albertans achieve the dream of owning their own home. Successfully qualify for a mortgage and Liberty will assist you with the 5% down payment – all you have to contribute is just $1,500.00. Liberty can open one of the most rewarding doors of your life!
Down Payment Assistance
Liberty Home Ownership is a non-profit organization that has created a program designed to help Albertans achieve the dream of owning their own home. Successfully qualify for a mortgage and Liberty will assist you with the 5% down payment – all you have to contribute is just $1,500.00. Liberty can open one of the most rewarding doors of your life!
Who is Eligible?
The program works for you if:
You are able to apply and successfully qualify for mortgage approval with one of our approved lending partners.
You have permanent, steady employment & are able to contribute just $1,500 of your own funds to go towards a required 5% down payment.
You can complete our online Owner’s Education Course on responsible home ownership upon program approval.
The program may NOT be for you if:
You can’t qualify for a mortgage. Liberty helps to give you a down payment, but the mortgage approval process is exactly the same as it would be for any other purchase.
You have bad credit. With a score below 650 you may have issues being approved for a mortgage through most major lenders.
You are in consumer proposal/bankruptcy. Most major lenders will not grant mortgages to people in consumer proposal.
Questions about approval requirements? Contact our mortgage specialist partner directly for more information.
Frequently Asked Questions
How does the shared appreciation plan operate? How do I exit the program? View our online guide for answers to the most frequently asked questions about the Liberty program.
What Participants Say
