Home Financing Solutions

🏠The First-Time Home Buyer Incentive (FTHBI) is a program helping people in Canada to purchase a first home.

FTHBI offers 5 or 10% of the home’s purchase price toward a down payment. This addition to your down payment lowers your mortgage carrying costs, making homeownership more affordable.

🏠 Program minimum eligibility requirements:

✅ Your total annual qualifying income doesn’t exceed $150,000
✅ Your total borrowing amount is no more than x4.5 of qualifying income
✅ You or your partner are a first-time homebuyer
✅ You are a Canadian citizen, permanent resident or non-permanent resident authorized to work in Canada
✅ your credit score is +600

Learn more at: https://www.placetocallhome.ca/fthbi/first-time-homebuyer-incentive