First Time Home Buyer
Unlocking the Door to Your First Home
The Aspiration
You’ve envisioned it and prepared for it. Now, you’re poised to embark on the most significant financial choice of your life! Our team can facilitate your journey into homeownership, fostering a brighter future.
Obtaining Pre-Approval & Securing Favorable Rates
Navigating the complexities of buying your first home can be daunting.
The process begins with evaluating your financial situation and securing a Pre-Approval/Rate hold, ensuring the best rates in the industry, all completed within 24-48 hours of applying through one of our team members.
Establishing a Strong Support Network
Surrounding yourself with a trustworthy team of professionals—a realtor, lawyer, home inspector, home insurance company/broker, moving company, and more—is crucial. We have extensive connections with top individuals across the GTA and many other cities in Ontario, and we are eager to share our network with you. Partnering with us for your first home purchase can transform this process into an enjoyable and thrilling experience. Our primary goal is to ensure a seamless journey, and we have a proven track record of achieving just that! We will navigate you through the various stages of purchasing your first home, ensuring that no detail is overlooked along the way.
Offering Options
By collaborating with numerous lenders, we provide the options, convenience, and guidance that you need to facilitate an effortless and fulfilling first-time home buying experience.
Land Transfer Tax Credit
First-time homebuyers may qualify for a $4,000 credit on land transfer tax, resulting in significant savings on closing costs. Contact us for more information.
Initial Payment
In Canada, homeownership requires only a 5% down payment (conditions apply). Don’t have it saved up? Other possibilities include a gifted down payment from an immediate family member, or the Home Buyers Plan.
The Home Buyers Plan enables you to borrow up to $35,000 ($70,000 combined, for couples) tax-free from an RRSP for the down payment. You must repay this amount over 15 years to avoid taxation. Additional prerequisites include Canadian residency, no ownership of a home in the preceding five years, and the funds must remain in your RRSP for at least 90 days. We can assist you in exploring other potential options that might be available.
Get In Touch
1330 Mid-Way Boulevard, Unit #1
Mississauga, ON L5T 2K3 Canada
(647) 525-4005
Call us now
info@apsmortgages.ca
Mon: 9:00 AM – 6:00 PM
Tue: 9:00 AM – 6:00 PM
Wed: 9:00 AM – 6:00 PM
Thu: 9:00 AM – 6:00 PM
Fri: 9:00 AM – 5:00 PM
Sat: Closed
Sun: Closed
Mortgage Alliance - LIC # 10530