“As of September 2nd 2019, Canadians interested in the First-Time Home Buyer Incentive can submit their applications for a shared equity mortgage with the Government of Canada.” (National housing strategy)
(For distribution and Canadians knowledge)
The First-Time Home Buyer Incentive helps qualified first-time home-buyers reduce their monthly mortgage carrying costs without adding to their financial burdens.
Summary:
- Elegible qualifying income $120,000
- First time home buyers only
Click here to learn all the details from the National Housing strategy directly from the government of Canada website and calculate your eligibility
Learn about the shared equity mortgage plan
