Dali  Borojevic

Dali Borojevic

Sales Representative

Royal LePage Active Lifestyles, Brokerage

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416-903-5061
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Dali Borojevic's blog

Are bidding wars back?

 

First-Time Home Buyer Incentive - How it works

 

This program was launched by the Government of Canada on September 2, 2019 to help first-time home buyers purchase their first home, offering 5% of the purchase price as a mortgage (shared equity), or 10% for a purchase of a new home.

Let’s analyze how one can benefit from the program and how it affects average GTA first-time home buyer.

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