First Time Home Buyer Mortgage Mortgage
When buying a new home, Anita Mann aids the first-time home buyers in making the right mortgage decision to choose the mortgage of their needs.
Government Programs for Home Buyers
Purchasing your first home can be incredibly exciting, whether you're doing it on your own, with a new spouse, or with your family. Anita Mann can help you first-time home buyers in Mississauga, Brampton, Oakville, Burlington, Hamilton, Stoney Creek, St- Catherine and Niagara mortgages. As this is one of the largest investments you will likely make, it is very important to be thorough and well-informed on the resources that are available to you.
There are a number government programs available to home buyers, including:
- First-time home buyers' credit
- RRSP home buyers' plan (HBP)
- 5% down payment program*
- HST new housing rebate
- Land transfer tax rebates
*New Down Payment Rules as of February 2016:
5% down payment is available for homes up to $500,000 purchase price.
Home buyers will have to put 10% "on the portion" of the price over $500,000.
For example: On a purchase price of $700,000, minimum down payment will be calculated as below:
5% on the first $500,000 = $25,000
10% on the next $200,000 = $10,000
A total of $25,000 + $10,000 = $35,000
I truly want to help you achieve your dream of home ownership by making the process as stress-free as possible. Contact Anita Mann mortgage expert today at (647) 968-1437
Consult the mortgage broker to know more about her first time home buyer mortgages in Mississauga, Brampton, Oakville, Burlington, Hamilton, Stoney Creek, St-Catherine & Niagara, ON.
Specializing in different types of Mortgage Services. Like Pre-Approval, Refinancing, Mortgage Renewal, First Time Home Buying, Debt Consolidation, Private Mortgage.
Book a Consultation
For all your mortgare requirements, book a consultation with Anita Mann today.