First-Time Home Buyers

As a first-time home-buyer of a primary residence in Canada you are likely eligible to take advantage of three programs if you are living and purchasing in the province of British Columbia:

1) The Home Buyers’ Plan: You and any joint purchasers including a spouse can withdraw up to $25,000 from your RSP tax free and use the funds to put towards the down payment of your purchase (refer to the Home Buyer’s Plan website for details):

2) The First Time Home Buyers’ Tax Credit: Visit Canada Revenue Agency for specific details: 

3) The B.C. First Time Home Buyers’ Program: The First Time Home Buyers’ Program reduces or eliminates the amount of property transfer tax you pay when you purchase your first home. For qualification details please visit:

For more information about a mortgage when you are a First-Time Home Buyer, please email me directly at: