Revisions were made to the Program in 2008
The price ceiling has not been increased to $425,000.
At that point or lower, for the true First Time Buyer, there is no tax. From that amount to $450,000, there is now a partial, pro rated exemption.
» Click to read more (PDF 60KB).
We shop around for the best possible rate for the borrower at no extra cost to him/her.
Pat Pelletier is a Mortgage Broker, licenced to operate in British Columbia. Specializing in Residential Mortgages for the home buyer and the owner wishing to refinance his/her existing mortgage.
Click here to ask a question, or let us know if there is anything else that we can help you with.
Dominion Lending Centres – Pat Pelletier is an Independently owned and operated franchise of Dominion Lending Centres
