The First-Time Home Buyer Incentive program launches September 2, 2019.
The First-Time Home Buyer Incentive helps qualified first-time home buyers reduce their monthly mortgage carrying costs without adding to their financial burdens.
We are about 3 weeks away from the start date of this new initiative, but there are still some questions that remain unanswered. Income qualification, lender participation and long term conditions of paying back the loan all are questions that we don’t have complete answers to so please stay tuned in my next newsletter for further clarification or call/email me to ask to be notified sooner if you are excited to get into your first home before the end of 2019.
To see if you qualify and for more information please visit the Government of Canada website: