First-Time Homebuyer

Buying your first home is a milestone. It should also be the moment you realize how much smoother the process can be when someone who actually knows the lending market is fighting for you.

What we do for first-time buyers

We pre-qualify you against 50+ lenders—not just one bank—so you can shop with a realistic budget and a written commitment in hand. We translate the fine print, structure your down payment efficiently (including RRSP Home Buyers' Plan and FHSA), and lock you into a rate that's actually competitive.

Programs and incentives we structure

First Home Savings Account (FHSA)

Up to $40,000 of tax-deductible, tax-free withdrawal contributions toward your down payment.

RRSP Home Buyers' Plan

Withdraw up to $60,000 tax-free from your RRSP, repaid over 15 years.

Land Transfer Tax rebate

Up to $4,000 in Ontario LTT rebate for eligible first-time buyers.

High-ratio insured mortgages

As little as 5% down on the first $500K, 10% on the portion above.

Gifted down payment structuring

We document gifted funds correctly so they don't derail underwriting.

Who this is for

You've never owned a home in Canada (or not in the past four years). You're ready to stop renting, you have stable income, and you want a clear, step-by-step path to ownership without being upsold by a bank rep on commission.

Frequently asked

How much do I need for a down payment?

In Canada, the minimum is 5% on the first $500,000 of the purchase price and 10% on any portion above that, up to $1.5M. Above $1.5M you need 20% down. We help structure the most efficient mix of personal savings, FHSA, and RRSP HBP funds.

What credit score do I need?

Most A-lenders look for a score of 680+, though we have lender relationships that work down to 600 with the right file. We review your credit report with you before submitting anywhere—no surprises.

Should I get pre-approved before house hunting?

Yes. A real pre-approval (not a pre-qualification) tells you exactly what you can afford, locks your rate for 90–120 days, and makes your offer credible to sellers in a competitive market.