Watch: What Is the First-Time Home Buyer Incentive? + MORE Apr 7th

Obtaining a mortgage or secured line of credit in Canada at the best rates is often a daunting task. We can help! Read the articles below for more info.

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10 Reasons Why Homebuyers May Not Qualify for the Best Rates

– canadianmortgagetrends.com

As mortgage brokers, we know that homebuyers are sometimes disappointed when they can’t qualify for the best rates. They inevitably always come back with one burning question: why?

Continue Reading On canadianmortgagetrends.com »

Watch: What Is the First-Time Home Buyer Incentive?

– moneysense.ca

In 2019, the federal government introduced the First-Time Home Buyer Incentive, a program designed to make homeownership more affordable. But how does it work? Who’s it for? And is it always a good option for buyers?

Through the First-Time Home Buyer Incentive, the government contributes to a home’s down payment, reducing the amount needed for a mortgage and making it easier for buyers to manage their mortgage payments. However, the incentive is limited to a subset of buyers, and eligibility criteria can vary, depending on where you live. What’s more, the interest-free loan must eventually be paid back—potentially at a premium. So you’ll want to do your research before applying for the incentive. Learn more by tapping the video to watch.

Watch: What is the First-Time Home Buyer Incentive

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