The First-Time Home Buyer Incentive is a shared-equity mortgage with the Government of Canada, which offers: 5% or 10% for a first-time buyer’s purchase of a newly constructed home, or 5% for a first-time buyer’s purchase of a resale (existing) home. The shared equity component of the incentive means that the government shares in both the upside and downside of the property value up to a maximum gain or loss equal to 8% per annum (not compounded) on the Incentive amount from the date of advance to the time of repayment. We work with great mortgage brokers that can help answer your questions and see if you are qualified for this program, and if it is the right choice for you. Click Here for More Details Click Here for More Details