Lesley Stevens - Mortgage Alliance

04/12/2026

Kirk Murray, Photo bombing my selfie! At the South Shore Expo in Bridgewater.

04/12/2026

04/10/2026

Already having fun at the South Shore Expo in Bridgewater. 🥰

04/08/2026

Thank you to all of our sponsors thus far!

If you or anyone you know may be interested in sponsoring our Charity Golf Tournament please click below 😊

https://birdease.com/34810?fbclid=IwdGRjcAQ96tNjbGNrBD3qy2V4dG4DYWVtAjExAHNydGMGYXBwX2lkDDM1MDY4NTUzMTcyOAABHiNZywqyNrSPSJtHes9PZAQGcEryEuXb6fAAQIYCqWJ-jmW9nqG5LEmC_suK_aem_snGymEuG8XNolHrQrGjw2Q

02/03/2026

Info on new Nova Scotia 2% downpayment

News release New First-Time Homebuyers Program Reduces Minimum Down Payment 3 February 2026 | 10:27 AM Growth and Development housing Under the First-time Homebuyers Program, the required down payment is two per cent of the purchase price, less than half the usual minimum. (Province of Nova Scotia /...

02/03/2026

News release New First-Time Homebuyers Program Reduces Minimum Down Payment 3 February 2026 | 10:27 AM Growth and Development housing Under the First-time Homebuyers Program, the required down payment is two per cent of the purchase price, less than half the usual minimum. (Province of Nova Scotia /...

02/03/2026

https://news.novascotia.ca/en/2026/02/03/new-first-time-homebuyers-program-reduces-minimum-down-payment

NOVA SCOTIA: Brand new hot of the press. The administration details are still being worked out. I did a quick comparision of the new Nova Scotia First Home Buyers Program of 2% down and the Nova Scotia Downpayment Assistance program. It comes down to PAY NOW or PAY LATER. and don't forget credit utilization will play a factor as it eats away at your buying power.

Using $500,000 Purchase Price:

PAY NOW:
Nova Scotia First Home Buyers Program 2% down Cash Requirements:
2% Down payment + Land Transfer Tax =$17,500 + Legal fees.
Monthly Carry cost: 3.533.67 (Mortgage payment, property tax and $100 Heat).

PAY LATER:
Nova Scotia Down Payment Assistance Cash Requirements:
Land transfer tax calcuated at 1.5% of purchase $7,500 + Legal Fees
Monthly Carry cost: $3,557.00 (Mortgage payment, property tax and $100 Heat) + Downpayment repayment of 208/mo.

Note the NSDPAP has home price cap outside of HRM based on region. So will help those markets where income/price points land outside of NSDPAP qualification.

More to come as more info is released.

Reach out with questions:

Lesley Stevens
Associate Mortgage Broker lic # 3000261
Mortgage Alliance
C: 902-223-7166
E: [email protected]

News release New First-Time Homebuyers Program Reduces Minimum Down Payment 3 February 2026 | 10:27 AM Growth and Development housing Under the First-time Homebuyers Program, the required down payment is two per cent of the purchase price, less than half the usual minimum. (Province of Nova Scotia /...

11/14/2025

Financing was done early, but the keys came just in time!

11/14/2025

Financing was done early and the got the keys just in time! :-)

11/06/2025

Keeping the faith was so important in this one! And it paid off for my client.

06/24/2025

The key now is preparation to buy a house. Reach out to a mortgage broker, like myself, to help you understand where you are today and what you can do to prepare for purchasing a home. Our job is to educate you, and help you plan to get there.

A new Royal LePage survey shows many Atlantic Canadian renters are holding off on home ownership and staying in rentals.

06/23/2025

Talk to a mortgage broker like myself, who will help you understand what you need to do to prepare to buy a home now or in the future. If you own a home, talk to us about how to save money. We are here to educate you in your home ownership goals.
And we don't have bank hours!

A new Royal LePage survey shows many Atlantic Canadian renters are holding off on home ownership, with only 9% planning to buy in the next two years