Where can I get objective information about home buying/financing and relevant federal government assistance programs?
A good place to start would be CMHC. They have general information regarding home buying. As a first-timer, you may also want to investigate the CRA Home Buyer Program to allow use of RRSP funds toward the downpayment of your first home. Note that the criteria to qualify as a “First-Time Buyer” vary from program to program. How do I qualify and apply for the First-Time Home Buyer Property Transfer Tax exemption? There are a number of criteria which must be met prior to and for the first year after the registration of your first home in order to qualify under this program for exemption from the PTT. Having never owned a home before is just one of many factors to be considered. If it is your expectation to participate in this program, we recommend that you preview the conditions for exemption and review the explanatory brochure. If you are still unsure about their interpretation for your particular circumstances, you may also contact the PTT Info Line by telephone at 1 (250) 387-0604 (ti
