Prairie Deposit Lending helps home buyers — especially recent graduates — bridge the down payment gap so you can step into homeownership sooner.
We understand that saving a full down payment can be the biggest barrier to homeownership — especially when you're just starting your career.
We're incorporated right here in Saskatchewan and proudly partnered with Conexus Credit Union for your mortgage. You get the personal touch of a local lender, backed by one of the province's most established financial institutions.
No mountains of paperwork. Our straightforward application is designed for busy professionals who value their time.
Starting your career with a strong income but limited savings? That's exactly who we're designed for. Let your earning potential work for you.
From application to home keys — we keep it simple so you can focus on finding your perfect home.
Review our straightforward qualification criteria below. If you meet the requirements, you're ready to move forward.
Complete our simple application with your basic financial details. It only takes a few minutes, and our team is here to help if you have questions.
We review your application promptly. Once approved, we'll walk you through your loan terms so you know exactly what to expect.
With your down payment secured, you're ready to make an offer with confidence. Welcome home.
Our criteria are clear and straightforward — no surprises, no fine print.
A minimum credit score of 680 demonstrates responsible financial management and helps secure your best loan terms.
You'll need at least $7,000 on hand for your partial down payment contribution and home closing costs.
Applicants must be a Canadian citizen or permanent resident to qualify for our down payment loan program.
A minimum combined household income of $81,000 per year ensures you'll be comfortable managing your home costs and repayment.
Applicants must demonstrate a positive net worth, showing that your total assets exceed your total liabilities.
We built Prairie Deposit Lending because we believe a strong career should open doors — including your front door.
Minimum to
Get Started
Minimum
Credit Score
Minimum Household
Income
Saskatchewan
Incorporated
Take the first step toward homeownership. Reach out to our team and find out how a down payment loan from Prairie Deposit Lending can work for you.