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Attention First Time Home Buyers

The new First-Time Home Buyer Incentive is a 3 year program offered by the  Federal Government as a "Shared Equity Mortgage", with the Federal  Government being your partner.


This  website help to determine your eligibility, calculate your maximum  purchase price, and select the incentive that is right for you.The incentive  allows eligible first-time home buyers, who have the minimum down  payment for an insured mortgage, to apply to finance a portion of their  home purchase through a form of shared equity mortgage with the  Government of Canada. Essentially, the incentive helps qualified  first-time home buyers reduce their monthly mortgage carrying costs  without adding to their financial burdens.


-Lower Monthly Mortgage Payments

-Interest-free Incentive Program

-No Pre-payment Penalty

-Newly Constructed Homes eligible for 5% or 10%

-Existing Homes eligible for 5%


https://www.placetocallhome.ca/fthbi/first-time-homebuyer-incentive


For mortgage advice, contact an experienced mortgage professional:

Linda Fleming, AMP

 Accredited Mortgage Professional

 Dominion Lending Centres - A Better Way

 201-2600 Gladys Ave., Abbotsford, BC V2S 0E9


lfleming@lindafleming.com

 Phone:  604-857-2970

 Toll Free:  1-877-304-5656

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