When you get a mortgage loan, you are obligated under the Bank Act to invest a sum of money from your personal assets. This is called the downpayment. The downpayment can come from liquid assets taken from your savings accounts, deposit certificates, savings bonds, mutual funds or RRSPs. Cash donations, cashback incentives from lenders and personal loans are also eligible under certain conditions. Moreover, if you own the land on which you'd like to build a home, its value can be used as downpayment. Lastly, if you're building your own home with the help of family and friends, your advisor could use part of the value of this labour, called "sweat equity", to reduce the amount needed for your downpayment.