LET KIRKLAND HOMES Make your Home buying dreams come true!
The First-Time Home Buyer Incentive helps qualified first-time homebuyers reduce their monthly mortgage carrying costs without adding to their financial burdens.
There are a few qualifiers to apply for this incentive:
you need to have the minimum down payment to be eligible
your maximum qualifying income is no more than $120,000
your total borrowing is limited to 4 times the qualifying income
If you meet these criteria, you can then apply for a 5% or 10% shared equity mortgage with the Government of Canada. A shared equity mortgage is where the government shares in the upside and downside of the property value.
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Kirkland Homes has partnered with CMHC to make your home buying dreams come true. To learn how we can help fill out the form below and we will get back to you right away!
*Some conditions apply. Please consult and area manager for more information. Cannot be combined with any other offer, E.&.O.E.