Apply for a loan to build or buy a home in rural Yukon

What is the Rural Home Ownership Loan Program?

This program is for people living in a rural community in Yukon to buy or build a home. This program is not available in Whitehorse.


  • You are a building or purchasing a new home for your primary residence in a Yukon community outside Whitehorse.
  • You fall within our established debt-to-loan ratios.
  • You cannot get a loan from a bank.
  • You will need a 2.5% down payment.
  • If you build your own home, you must show that you have required skills and experience to complete the project.

Apply for a Rural Homeownership Loan

  1. Complete the rural home ownership loan application form.
  2. Completes the verification of employment form
  3. Submit both completed documents and any required supporting documentation:

​In person: 410 Jarvis Street, Whitehorse, Yukon. Our hours are Monday to Friday from 8:30 a.m. to 4:30 p.m.

​Email: (during COVID-19 situation, please submit forms by email)

Note: You have between 1 to 2 years to complete construction, depending on whether you hire a company to build or undertake the project on your own.

Loan financing details

  • Amortize up to 30 years in 5 year terms.
  • Interest only payments during construction.
  • Interest rate at or below 1% the average posted rates. This is the posted 5 year average interest rate at major banks.
  • You must prove you are bank ineligible every five years after year 10.

For questions about applying for a loan to build your first home email or phone: 867-667-5759 or toll free in Yukon: 1-800-661-0408, ext. 5759.