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FAQs
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Home Purchase
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Will I lose my savings if I decide to leave the program?

No, you won't lose everything. If you exit the program, a transaction fee of 5% of the original home price applies. Any savings you've accumulated beyond that amount are refunded to you.

For example, if the original home price was $300,000, the transaction fee would be $15,000. If your total accumulated savings (initial deposit + monthly savings) exceed $15,000, you receive the remainder back.

You can cash out within 90 days of moving out — see 'How quickly can I cash out?'

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