7 First time Homebuyer programs and Myths💰🏡 | Rahul Kotha | Mortgage Agent

Описание: Welcome to my channel! In today's video, we delve into debunking common myths and exploring 7 essential first-time home buyer programs in Canada.

Buying your first home can seem overwhelming, especially with the soaring real estate prices in Canada's major cities. Fortunately, there are several programs designed specifically for first-time buyers that can significantly ease the financial burden.

Discover these essential programs and learn how they can make your dream of homeownership a reality!

Time Stamps:
00:00 - Intro/ Coming Up
01:17 - First-Time Home Buyer Myths about 5% Down payment
03:12 - Myths if you are New to Canada
04:20 - What do you need to have to purchase a home in Canada
05:14 - First-Time Home Buyers Tax Credit
05:44 - Home buyers plan (HBP)
06:13 - First home savings account (FHSA)
07:07 - Land Transfer Tax Refund
07: 42 - GST/HST New Housing Rebate
08:15 - Purchase + Improvements Mortgage
09:55 - Pro Tip

Important links:

1. First time home buyer Incentive: (No new approvals will be granted after March 31, 2024.) https://www.cmhc-schl.gc.ca/consumers...

2. Land transfer tax rebate: https://www.ontario.ca/document/land-... | https://www.canadalife.com/investing-...

3. Home buyers plan: https://www.canada.ca/en/revenue-agen...

4. FHSA: https://www.canada.ca/en/revenue-agen...

5. Home buyers tax credit: https://www.canada.ca/en/revenue-agen...

6. GST/HST new housing rebate: https://www.canada.ca/en/revenue-agen...

7. Purchase + improvement: https://dominionlending.ca/mortgage-t...

Additional Links:

1. 5% down: https://www.canada.ca/en/financial-co...

2. If you are new to Canada: https://www.sagen.ca/ups/product-spec...

#FirstTimeHomeBuyer #CanadianRealEstate #HomeBuyingTips #Homeownership #RealEstateCanada #HomeBuyerPrograms #AffordableHousing #telugumortgageagent #mortgageagent #telugurealtor #telugurealtorincanada


Hey there! I'm Rahul Kotha, your go-to licensed mortgage agent (#M24001361) with Dominion Lending Centers, FC Funding (#FSRA10671). Based in Toronto, Ontario, I have access to over 140 lenders, including top banks, ensuring I can find the perfect mortgage solution tailored just for you. Whether you're a first-time homebuyer or a seasoned investor, I specialize in helping you make informed real estate decisions based on solid numbers, not just emotions.

Ready to chat? Book a free call with me today using the link below! It's free🎉 I am available days, nights, and weekends to help you with all your mortgage needs.
https://calendly.com/manammortgages

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📧 Email: [email protected]/ [email protected]
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Agent Lic: M24001361
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This channel features information and tips on mortgages and real estate in Canada. My expertise includes:

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DISCLAIMER: I am not a financial advisor. The content in these videos is provided for educational purposes only. All investments carry risks. While strategies to minimize risk exist, your investment decisions are ultimately your responsibility. Please ensure you conduct thorough research before making any investment. The opinions shared here are mine alone and come with no promise of gains or losses.

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