First Time Home Buyer

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First-Time Buyer Mortgage Broker in Surrey, BC

It’s exciting to buy your first home, but it can also be stressful. As a mortgage broker who only works with first-time buyers, we can help you understand your choices, get the right loan, and get good rates. You can get a loan to buy your first home or get help from a trusted mortgage planner for first-time buyers. We make the entire process a lot more simple and stress-free.

We work with a lot of lenders in Canada, so we can find mortgage options which are just right for first-time buyers. These products often have lower down payment requirements and government benefits.

First-Time Buyer Mortgage Services

Our services for first-time buyers include:

Finding the best mortgage for first-time buyers based on your budget and goals
Guiding you through government programs like the First-Time Home Buyer Incentive
Helping you take advantage of the Home Buyers’ Plan (HBP) to use your RRSP for a down payment
Managing your application from pre-approval to closing day

Whether you prefer meeting in person or working with an online mortgage broker for first home buyers, we’re here to support every step of the way.

Why Work With a First-Time Buyer Mortgage Specialist?

More Lender Options – Access to banks, credit unions, as well as alternative lenders.

Better Rates & Terms – Leverage our relationships for competitive offers.

Step-by-Step Guidance – Understand every part of the buying process.

Local Expertise – Surrey-based with insight into BC’s housing market.

FAQ’s

What's the best mortgage for first-time buyers?

It depends on your income, down payment, as well as long-term goals. Fixed-rate and variable-rate options both have benefits. A broker can help you choose the best fit.

What is the 4-year rule for first-time home buyers?

You’re considered a first-time buyer if you haven’t owned a home in the last four years, which allows you to qualify for certain government programs.

Is your first mortgage payment usually higher?

Not always, but your first payment may include interest from the day of closing until your first regular payment date.

What is the tax credit for first-time home buyers in Canada?

You can claim a non-refundable tax credit of up to $1,500 for qualifying homes.

What if I forgot to claim the first-time homebuyer credit in Canada?

You can request an adjustment to your tax return through the CRA to claim it retroactively.

Start your homeownership journey today. Contact Surrey’s trusted mortgage broker for first-time buyers for a free consultation.

Have a question? Ask an expert

Lakhvinder Gill

Mortgage Specialist

Whether you’re buying your first home, refinancing, or exploring lending options, Lakhvinder is here to provide expert guidance and personalized mortgage solutions tailored to your needs.