Everything You Need to Know About Canada's First-Time Home Buyer Incentive in BC

The First-Time Home Buyer Incentive is a federal program introduced in the 2019 budget as part of the National Housing Strategy. It is a shared equity mortgage with the Government of Canada, with the goal of reducing your monthly mortgage payment. In the examples provided by CMHC and the scenarios we've run, you can expect your monthly payment to be lowered by $100-$200 versus borrowing the full mortgage amount from a lender. Applications are open as of September 2, 2019.

6 More DOs for Buying Your First Home

Buying your first home can be the single most exciting experience you've had so far, but it can also be the most nerve-racking. There are a host of factors to consider, and overlooking some of them can cause headaches down the road. If you missed our first 5 DOs for buying your first home, check them out. Here are 6 more DOs for you to tackle.

5 Key DOs for Buying Your First Home

Buying your first home can be the single most exciting experience you've had so far, but it can also be the most nerve-racking. There are a host of factors to consider, and overlooking some of them can cause headaches down the road. Here is a list of our DOs for buying your first home.

How to Qualify for Your First Mortgage

Buying your first home can be confusing – especially if you're following the news and wondering just what impact new mortgage qualifying rules will have on you. When we talk about qualifying for your mortgage, we mean looking at the ratio of your debt vs. your income and seeing whether you will realistically be able to make mortgage payments.

The Top 9 DON'Ts for Buying Your First Home

Buying your first home can be the single most exciting experience you've had so far, but it can also be the most nerve-racking. There are a host of factors to consider, and overlooking some of them can cause headaches down the road. Here is a list of our DON'Ts for buying your first home.

Why Your First Mortgage Doesn't Have To Be Hard

MortgageDoesntHaveToBeHard.jpgCan the mortgage process be difficult?

Absolutely.

But it can also be exciting when you aren't faced with surprises at every turn.  Let's remove some of the potential surprises and make your life a little easier.

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