What is the First Time Home Buyer Incentive?

Author: Boychuk Mortgage Group |

This incentive is a shared equity mortgage with the government of Canada, where they will contribute 5% (on existing homes) or 10% (on pre-build homes) towards your down payment

Benefits Are:

  • Lower payments
  • Qualify for more
  • Interest saving
  • 25 years to pay back

** Must still have 5% down



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