Your first home, made achievable
Canada has real programs to help first-time buyers - and we make sure you use every one you're entitled to.
Government programs worth thousands
Eligibility rules apply and programs change - we'll confirm what fits your situation. Always verify current limits with the CRA and your province.
FHSA
The First Home Savings Account combines tax-deductible contributions with tax-free withdrawals for your first home.
RRSP Home Buyers' Plan
Withdraw from your RRSP toward a first home, repaid over time - stackable with the FHSA.
Land transfer tax rebates
First-time buyers may qualify for provincial (and Toronto municipal) land-transfer-tax rebates.
First-Time Home Buyers' Tax Credit
A federal non-refundable tax credit that helps offset closing costs.
GST/HST new housing rebate
Potential rebate on a portion of tax for qualifying new or substantially renovated homes.
Insured mortgages
Buy with as little as 5% down using CMHC, Sagen, or Canada Guaranty default insurance.
FHSA + Home Buyers' Plan, together
You can use both the FHSA and the RRSP Home Buyers' Plan toward the same purchase - a powerful combination for building your down payment faster, tax-advantaged.
- FHSA: tax-deductible in, tax-free out for a first home
- HBP: borrow from your own RRSP, repaid over the following years
- Both can be combined with a 5% minimum down payment
First-time buyer questions
Ready to make your mortgage work for you?
Pre-approval takes minutes, with no impact to your credit score.