Resources

The Central Point for Information on Your Situation

Home Buyers Checklists and Guides

Real Estate Survival Guide: Buyer’s

10 Step Buyers Checklist for the Home Buying ProcessHGTV
Click Here
To Read More!

Steps to Buying a House: Checklist

Detailed Instructions on How to Buy a HouseREALSIMPLE
Click Here
To Read More!

Home Buying Step
by Step Guide

The Ultimate Consumer
Guide and WorkbookCMHC
Click Here
To Download!

First-Time Home Buyers

  • Buying your first home can be both exciting and stressful at the same time. It’s also very expensive. You’ll need to start saving for a down payment and the costs that go along with purchasing a home.
  • If you don’t think you’ll be able to afford a home, the federal government offers a variety of incentives for first-time homebuyers. Read the pages below to find out more about the tax credits and rebates, grants, and programs available to you.

-This Information is provided by Ratehub.ca

First-Time Home Buyer Stories

Getting ready to buy your first home? Watch videos and read stories about other first-time home buyers and find out what buying your first home is really like…
Click Here To Learn More!

First-Time Home Buyers Tax Credit

The First-Time Home Buyers Tax Credit was introduced as part of the Economic Action Plan to assist Canadians in purchasing their…
Click Here To Learn More!

RRSP Home Buyers Plan

One great source of funding for your mortgage down payment is a Registered Retirement Savings Plan (RRSP). The Canadian…
Click Here To Learn More!

Land Transfer Tax Rebate

In some provinces and cities, there is a rebate available to help first-time home buyers offset the cost of their land transfer tax. If you qualify…
Click Here To Learn More!

First-Time Home Buyer Programs

As a first-time home buyer, you’ll want to take advantage of various grants offered by various levels of government that will help make purchasing a home…
Click Here To Learn More!

First-Time Home Buyer Grants

As a first-time home buyer, you’ll want to take advantage of various grants offered by various levels of government that will help make purchasing a home…
Click Here To Learn More!

First-Time Home Buyer Loans

When buying their first home, the vast majority of people require a loan from a bank to afford the purchase. This loan, called a mortgage, is…
Click Here To Learn More!

Tax Credits for First-Time Home Buyers

If you’re buying your first home you may have access to a number of tax breaks. These include the First-Time Home Buyers’ Tax Credit which is claimed on your annual tax return. In most provinces, first-time home buyers can also claim a land transfer tax rebate. First-time home buyers can also take advantage of tax-sheltered savings using the Home Buyer’s Plan, which allows you to withdraw money tax-free from your RRSP to buy a home.


First-Time Home Buyer Programs

First-time homebuyers can take advantage of many government programs to help ease the expense of buying a home. The programs offered include tax credits (including the land transfer tax rebate), the Home Buyer’s plan, and the GST/HST new housing rebate. Mortgage insurance is offered by the Canada Mortgage and Housing Corporation (CMHC) and other private insurers, and allows all home buyers including first-timers to buy a home with a down payment of as little as 5%. Cash grants are rare, but the programs available can help buyers save thousands of dollars.


Mortgage Rates for First-Time Home Buyers

As long as you have good credit, and a sufficient down payment, you will likely be able to qualify for the best mortgage rates in the market even if you’re a first-time home buyer. It’s not necessary to apply for a mortgage from the financial institution you do your everyday banking with. In fact, you may be able to get better rates by shopping around. Many first-time home buyers use mortgage brokers to help facilitate the mortgage application process.

Home Sellers Checklists and Guides

Real Estate Survival Guide: Seller’s

10 Step Sellers Checklist for the Home Selling ProcessHGTV
Click Here
To Read More!

Steps to Selling Your Home: Checklist

Detailed Instructions on How to Sell Your HomeREALSIMPLE
Click Here
To Read More!

Is Your Home
Ready? A Checklist.

Make Your Home Look its Best
and Get the Best ReturnCMHC
Click Here
To Download!

Reasons to Refinance

-This Information is provided by Ratehub.ca

Access Home Equity

Your home equity – your home’s value minus the balance of your mortgage – is available for you to withdraw and invest…
Click Here To Learn More!

Lower Your Mortgage Rate

One great reason to refinance your mortgage is to secure a lower mortgage rate, saving yourself money over time. Just ensure…
Click Here To Learn More!

Consolidate Debt

Did you know that you can combine all of your high-interest debt – including debt from credit cards, auto loans and personal…
Click Here To Learn More!

Methods of Refinancing

Home Equity Line of Credit

A home equity line of credit, or HELOC, is a revolving line of credit secured by your home at a much lower interest rate than…
Click Here To Learn More!

Blend and Extend Your Existing Mortgage

While you’re paying down your mortgage, you may find yourself in a situation where you are considering accessing equity…
Click Here To Learn More!

Costs of Refinancing

Mortgage Penalty

A mortgage refinance penalty is incurred when you make a change to your mortgage before your term is up. In Canada, banks…
Click Here To Learn More!

Cost of Refinancing

People refinance their mortgage to get a lower interest rate or access the equity they’ve built in their home. While this can be…
Click Here To Learn More!

Have Questions? Send Us A Message!

Full Name

Phone Number

Email Address

Subject

Message