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What are the incentives for first-time home buyers?
There are many incentives in place to help you buy your first home. The First-Time Home-Buyer Incentive is a Government of Canada initiative that allows you to increase your down payment. This means that your loan amount will be lower, and your mortgage payments will be reduced.
Want to learn more?
- Read our article on the different grants and incentives available to you.
- Check out our guide on buying your first property.
- Discover the Home Buyer's Plan (HBP).
- Get the most out of your RRSP.
To see if you’re eligible, or want more information, speak with one of our mortgage advisors.
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