Buying Your First Home
Your first home is a huge milestone, and it should feel exciting, not overwhelming. I'll walk you through every step, explain the programs that can save you money, and make sure you never feel lost along the way.
First Time? You're in Good Hands
There's a lot to learn when you're buying your first home, and that's exactly why you shouldn't do it alone. From saving your down payment to understanding government grants to getting the keys, I'm here to guide you with honest advice and zero pressure. This page will give you a solid head start. When you're ready for the details that apply to your situation, I'm just a message away.
How to Prepare to Buy Your First Home
A little preparation goes a long way. Here's how to set yourself up for a smooth, confident purchase:
1
Check and Build Your Credit
Your credit score plays a big role in the mortgage rate you're offered. Pull your credit report, pay bills on time, and avoid taking on new debt in the months before you buy. Even small improvements can save you money over the life of your mortgage.
2
Save Your Down Payment (and Then Some)
In Canada, the minimum down payment is 5% on the first $500,000 of a home's price. Beyond the down payment, budget for closing costs like legal fees, inspections, and moving. The good news for Alberta buyers: there's no land transfer tax, which saves you thousands at closing.
3
Get Pre-Approved
A mortgage pre-approval tells you exactly what you can afford and shows sellers you're serious. It's your golden ticket to house hunting. I can connect you with trusted local mortgage brokers to get this sorted early.
4
Set Your Must-Haves and Nice-to-Haves
Think about location, size, commute, and lifestyle. Knowing what you truly need (versus what would just be nice) helps us focus your search and find the right home faster.
5
Take Advantage of the Programs
There are several government programs and grants designed to make your first purchase more affordable (see the next section). Starting your savings in the right accounts early can add up to tens of thousands of dollars. This is worth a conversation before you save another dollar.
6
Team Up With a Realtor (That's Me!)
Having someone in your corner who knows the market, the paperwork, and the pitfalls makes all the difference. I'll guide you from first showing to closing day, and answer every question along the way.
Government Programs That Can Save You Thousands
As a first-time buyer, you have access to programs that can seriously lighten the load. Here are the big ones for 2026. Amounts and rules can change and eligibility depends on your situation, so use the official link below for details, and reach out to me for help figuring out which ones are right for you.
First Home Savings Account (FHSA)
A registered account made for first-time buyers. Contribute up to $8,000 per year (up to $40,000 total). Your contributions are tax-deductible going in, and withdrawals for your first home come out completely tax-free.
RRSP Home Buyers' Plan (HBP)
Withdraw up to $60,000 from your RRSP tax-free to put toward your first home ($120,000 for a couple). You repay it to your RRSP over 15 years.
First-Time Home Buyers' Tax Credit
Claim the $10,000 Home Buyers' Amount on your tax return for up to $1,500 back in your pocket.
First-Time Home Buyers' GST Rebate (New Homes)
Brand new for buyers of newly built homes: this rebate can eliminate the GST on a new home valued up to $1 million (and reduce it on homes up to $1.5 million), for savings of up to $50,000. Applies to agreements signed with a builder on or after March 20, 2025.
30-Year Amortizations for First-Time Buyers
First-time buyers can qualify for a longer 30-year mortgage amortization, which lowers your monthly payments and makes homeownership more accessible.
"Link opens the Government of Canada website."
Note: "This page is general information, not financial or tax advice. Program details can change, so please confirm through official sources. I'm always glad to help you find the right expert.
First-Time Buyer Questions? Let's Clear Them Up
Ready to Take the First Step?
Buying your first home is one of the biggest moments of your life, and you deserve someone who makes it feel exciting instead of stressful. Whether you're ready to start looking or just have questions about where to begin, reach out. I'd love to help you make it happen, and there's never any obligation.