first time home buyers
Buying a home for the first time is one of the major milestones in the life of many people. For most individuals, buying a first –home is one of the greatest and most expensive purchases of their life which includes excitement, uncertainty, and tension. But apart from this, having your own home is one of the greatest achievements that you will ever have. So, if you are a resident of Canada and planning to buy your first home then, you must put every step carefully and should procure broker services to ease the process.
At Home mortgage care we help you to prepare your home application as per the loan process and also make sure to find a perfect lender as per your needs.
Where to start?
To buy a home in Canada you must go through a lot of planning and hard work. Along with this, you must check the eligibility criteria for buying your first home in Canada to make sure you qualify for it. Also, you must hire the services of a broker to take advantage of all the schemes and plans offered by the Canadian government to first-time home buyers.
Home mortgage care can help you at each and every step and can help you to take advantage of all the schemes and plans. Also, it can help to ease the burden of buying a home.
Things to know before buying your first home
- Who qualifies for a first-time home buyer in Canada?
An individual who has a permanent job, and is self-employed, and has enough provable income is eligible to buy a home in Canada.
- What’s the minimum down payment for buying a home in Canada?
If you are buying a home less than $500,000 then the minimum down payment is 5% and if the purchase price of the home is between $500,000 and $ 1 million then, you have to give a 10% down payment.
Make your first-time home purchase easy with Home mortgage care
- Buy home with 5% down payment
- Get your down payment from your RRSP
- Get benefit of land transfer tax rebate
Why choose home mortgage care
- Low rates
- Fast services
- Solution to bad credit
- Easy application process