First-Time HomeBuyer

Buying a first home is one of the most momentous and exciting moments in a person or couple’s life. However, there is also a great deal of stress that accompanies such a large financial decision. When you buy your first home, the odds are that you’re going to need a mortgage to help pay for your new residence. However, with the overwhelming options on the market for mortgages, knowing where you’re going to get the best rates for your situation can be very difficult to understand.

That’s where we come in. We’re going to work for you, to help you find the best rates and the best lender for your particular situation. We don’t work for a bank, or any given lender. Instead, we’re on your team, working side by side with you to find you a mortgage that will help you get the home of your dreams.

We understand that buying your first home can be overwhelming. There is a lot to learn, and a whole new set of terms, concepts and regulations to learn and understand. That’s part of what we’re here to help with.

We look at things like your credit report to help you understand your unique situation and what kinds of options you have available to you when it comes to your first mortgage. We can also help you understand some of the programs that are out there designed to help make buying a first home more accessible to people just like you.

Did you know about the various programs available to help home buyers in Ontario? Consider the following:

• The Land Transfer Tax refund for first-time homebuyers could potentially save you thousands of dollars.
• The Home Buyers Plan (HBP) means that you can withdraw up to $25,000 from your RRSP in order to make the down payment for your first home.
• The Home Buyer’s Tax Credit provides a non-refundable tax credit to qualifying home purchasers.

The more of these options you take advantage of, the more cash you leave in your pocket, to assure that you can afford the home of your dreams.