First-Time Home Buyer
What You Need to Know
Down Payment Options
5% minimum down for homes under $500,000
5% + 10% tiered structure above that
20% down avoids mortgage insurance
Land transfer tax (with first-time buyer rebates)
Legal fees
Home inspection
Additional Cost
I’ll walk you through:
Budget clarity
Mortgage insurance explained
Government incentives (if applicable)
What lenders actually look for
You’ll never feel rushed or pressured, just informed.
