Altafina Capital
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First-Time Home Buyer Financing

Buying your first home is easier when the financing plan is clear. We explain down-payment options, closing costs, qualification, and programs that may apply to eligible buyers.

Quick answer: first-time home buyer mortgage

First-time buyers in Canada can purchase a home with as little as 5% down on the first $500,000. Altafina Capital helps you get pre-approved, compare insured mortgage options, and apply for the GST new housing rebate on new builds.

How first-time home buyer financing work with Altafina Capital

Eligible buyers may be able to purchase with as little as 5% down, subject to insurer and lender rules. Buyers of qualifying new homes may also be eligible for government GST/HST relief.

We help you understand what applies to your situation and coordinate the financing from pre-approval through closing.

Related topics we help with: 5% down payment, GST rebate new build, pre-approval, first home savings, CMHC insured mortgage. Financing is available in Mississauga, the GTA, and across Canada.

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FAQ

First-Time Home Buyer Financing — FAQs

Common questions Canadians ask us about this mortgage solution.

You need at least 5% on the first $500,000 of the price and 10% on the portion above $500,000, up to $1.5 million. Homes over $1.5 million need 20% down.
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