Buying your first home can be stressful, but it doesn’t have to be. Working with a knowledgeable team of mortgage experts can be a game-changer when it comes to securing your first mortgage. Our team at Plus Lending provides every first-time home buyer client with support and guidance from start to finish – from the initial gathering of paperwork, to understanding the first-time homebuyer plan, to coordinating between parties, to securing your mortgage – we have your back. We will help you understand how much money you need for your new home, but also your closing costs, legal fees and more. We can even teach you what all those new mortgage terms mean, like amortization and variable vs. fixed rates, if you want!

The FTHB Incentive is a shared equity mortgage with the Government of Canada that offers:

• 5% or 10% for a first-time buyer’s purchase of a newly constructed home
• 5% for a first-time buyer’s purchase of a resale (existing) home
• 5% for a first-time buyer’s purchase of a new or resale mobile/manufactured home

Essential Resources for First Time Homebuyers: