First-Time
Home Buyers

First-Time Home Buyer Benefits

Being a first-time home buyer doesn’t have to be an overwhelming experience. With my extensive knowledge, I will guide you through buying your first home and you’ll never feel left behind in the mortgage process.

Apply Now

Why Choose
Mortgage Okanagan

I have extensive knowledge and experience with first-time home buyers. I’ll let you know everything I need for your mortgage application and I’ll make the process smooth.

  • I will help you understand the mortgage process. I will give you clear information on what you need to do in order to be approved for a mortgage.
  • I will provide information on using your RRSPs to help buy your first home. I will also help guide you when it comes to providing a downpayment.

How to Qualify

Once we speak, I’ll conduct a pre-approval. Based on your specific situation, I will confirm which documents and information you’ll need to provide me.

Good to know

1

A mortgage broker is paid by the lender, not by you. Choose to use a broker and gain access to more lenders compared to working with your bank.

2

As a first-time home buyer, you’re exempt from the B.C. Property Transfer Tax for homes up to $500,000. You receive a partial discount for homes valued between $500,000 and $524,000.

3

You can only purchase a home with a gifted down payment if it’s from a direct family member.

Resources for First Time Home Buyers

Begin the Approval Process

Fill out the pre-approval application today.

Mortgage Application