First-Time Buyer Programs
Let's build the future you've always wanted, together.
When it comes to mortgages, success starts with the right strategy and planning. Whether you’re buying your first home, refinancing, or building a long-term investment portfolio, a well-planned mortgage structure can save you thousands of dollars in borrowing costs and years of financial stress.
My name is Sia Ghaem, and I’ve proudly called Vancouver home since 2006. My journey in real estate began in 2007 when I purchased my first investment property — and I’ve been actively involved in the market ever since. With a Bachelor’s degree in Business Management and 16 years of corporate management experience, I bring strategic thinking, analytical skills, and disciplined planning to every mortgage solution I design.
Today, I help clients across Vancouver make confident, well-structured decisions based on a tailored first-time buyer programs approach that align with their financial goals. Our core mission is to provide comprehensive strategy and planning for your mortgage journey.
Explore Programs for First-Time Home Buyers
Discover programs that make buying your first home easier, offering down payment support, tax benefits, and flexible mortgage options:
Home Buyers’ Plan
The Home Buyers’ Plan (HBP) allows first-time buyers to withdraw funds from their Registered Retirement Savings Plan (RRSP) for a home down payment. Eligible buyers can withdraw up to $60,000 tax-free, while couples may combine withdrawals to increase their purchasing power.
First Home Savings Account
The First Home Savings Account (FHSA) is a savings tool designed specifically for first-time home buyers. It allows individuals to save for a home while benefiting from valuable tax advantages. You can contribute up to $8,000 per year, with a lifetime limit of $40,000.
First-Time Home Buyers’ Tax Credit
The First-Time Home Buyers’ Tax Credit helps reduce the financial burden of purchasing your home. This program provides tax relief to offset closing costs such as legal fees and inspections. Eligible buyers may claim a $10,000 tax credit, resulting in up to $1,500 in savings.
Provincial & Local Home Buyer Programs
In addition to federal programs, provinces and municipalities offer first-time buyer grants, incentives, and rebates. These programs may provide down payment assistance, tax credits, or reduced closing costs depending on location.
How First-Time Buyer Programs Can Help
These programs can help you in several ways:
• Reduce upfront costs when purchasing your home — access government incentives and tax benefits designed for first-time buyers, and take advantage of flexible mortgage options that make homeownership more affordable, while receiving expert guidance from experienced professionals to help you make informed decisions throughout the buying process.
• Access tax benefits and savings opportunities — helping you reduce overall home buying costs and maximize your financial advantages as a first-time buyer. Qualify for government programs designed to support first-time home buyers. Receive expert guidance to help you make informed financial decisions throughout the home buying process.
• Qualify for flexible mortgage options — that match your budget and long-term financial goals, helping you choose the most suitable financing solution. Take advantage of government programs and incentives created to support first-time buyers, reducing upfront costs and making homeownership more achievable. Receive professional guidance to help you navigate the mortgage process with confidence, from pre-approval to finalizing your home purchase smoothly.
• Secure competitive mortgage rates — that help keep your monthly payments manageable and support long-term financial stability for your household. Benefit from mortgage options tailored to your financial needs and homeownership goals, ensuring flexibility and affordability throughout your journey. Work with experienced professionals who guide you through the process with confidence, providing clear advice and personalized mortgage solutions.
Important Factors for First-Time Home Buyers
- Your budget and financial readiness: Review your income, savings, and monthly expenses to determine how much home you can comfortably afford.
- Down payment requirements: Understanding how much you need for a down payment can help you explore assistance programs and savings options.
- Mortgage options available to you: Compare different mortgage types, interest rates, and loan terms to find the best option for your financial situation.
- Government programs & incentives: Many first-time buyer programs offer tax benefits, grants, or savings plans that reduce overall cost of purchasing your first home.