Scotiabank Home Savings Plan (SHSP)

Right for you if:

  • You want to start saving now for your future home purchase


There's no place like home, especially when it's yours

Your own home is not only a place to raise your family with pride; it's also an investment that can grow in value over time. Still, one of the challenges facing would-be homeowners is saving enough money up front. The down payment, closing and moving costs, and other new home expenses can add up.


But here's the good news. With the new Scotiabank Home Savings Plan, you can save the money you need faster and easier than you think. It's this simple: Start saving now for your home purchase and when you're ready to finance with a Scotiabank Mortgage, we will top-up your savings to help you handle your new home expenses.


The sooner you set up a Scotiabank Home Savings Plan, the sooner you can enjoy the many benefits of being a homeowner.

Ready to Apply?