Apply for a loan to build your first home

The Owner Build Program allows qualified Yukoners to borrow funds to build a home up to the average real estate price. It is available Yukon-wide on fee simple land.


  • You are a first-time homeowner building a new home to be used as your primary residence.
  • Proof that you are unable to get a loan from a bank.
  • You will need a 2.5% down payment.
  • The home you'd like to build must meet our modest design guidelines.

Apply for an Owner Build Loan

  1. Complete the Owner Build Loan application.
  2. Complete the Verification of Employment form.
  3. Submit your forms and supporting documents.
    In person: 410 Jarvis Street, Whitehorse, Yukon. Our hours are Monday to Friday from 8:30 a.m. to 4:30 p.m.

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.
  • Low interest rate at or below 1% the average posted rates. This is the posted 5 year average interest rate at major banks.
  • Opportunities to combine with Home Repair and Rental and Secondary Suite programs.

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.