First Time Home Buyer Incentive

Mudit Buying

There has been a lot of articles and gray areas around the provision of new First Time Home Buyer Incentive (FTHBI), which is a federal program and has been launched in Canada on Sep 2nd, 2019. Let’s review when and where this program applies and get a real understanding of this first time home buyer incentive. Also, towards the end, we will consider whether it is a good option to exercise. The first thing we need to understand that this is a kind of loan from the government; this loan needs to be repaid back in 25 years or when …