The details of Canada's new First-Time Home Buyer Incentive (FTHBI) program have been announced. Whether you are a first-time home buyer, realtor with clients interested or just curious about the new program, keep reading below.
Qualified first-time home buyers with their own minimum downpayment can apply for this shared-equity mortgage top up from the government to lower mortgage carrying costs. FTHBI applications will be accepted from September 2nd, 2019 for mortgages closing on/after November 1, 2019. Full details have been released today and can be found here.
For any other questions or to apply give me a call at 604-612-6970!