First-Time Home Buyer Mortgages 
Start Your Homeownership Journey with Confidence
Buying your first home is exciting, but it can also feel overwhelming. At Niche Mortgages, we specialize in guiding first-time home buyers through every step of the process, from figuring out how much you can afford to securing the mortgage that fits your long-term goals.
We understand that purchasing your first property isn’t just a transaction, it’s a major milestone. That’s why we take the time to explain your options, answer your questions, and help you feel confident in every decision.
Why Work With Niche Mortgages?
We’re not just mortgage brokers, we’re long-term partners in your financial wellness. With multilingual service, fast response times, and deep experience with a wide range of buyers (including new immigrants, self-employed borrowers, and those with limited credit), we tailor every mortgage to suit the person behind it.
Let’s Get You Your First Home
Whether you’re just starting to think about buying or already have a dream home in mind, we’re here to make the process easier, clearer, and more affordable.
First-Time Home Buyer Mortgages
Buying your first home is a big step—and it helps to have a mortgage advisor you can trust. At Niche Mortgages, we work closely with first-time buyers to provide guidance, clarity, and personalized mortgage solutions tailored to long-term financial success. From figuring out what you can afford to connecting you with reliable professionals, we’re here to make the process smoother and more rewarding.
Explore What You Can Afford
Understanding your financial limits is the first step in your homeownership journey. We’ll walk you through budgeting, monthly payment projections, and help you determine a realistic purchase price based on your income, credit, and goals.
Compare Lenders and Rates
Not all mortgages are created equal. We search across major banks, credit unions, and private lenders to find a mortgage that fits your lifestyle. Our advice is unbiased and designed to help you secure a loan that benefits you today and tomorrow.
Get Connected With Trusted Experts
You’ll need more than just a mortgage broker. We’ll introduce you to reliable real estate agents, lawyers, and home inspectors so you can build your support team with confidence and ease.
First-Time Home Buyers Frequently Asked Questions
If you’re buying your first home, it’s normal to have a lot of questions. From down payments to qualifying programs, we’ve answered some of the most common questions first-time home buyers ask. These answers will help you feel more confident as you begin your journey toward homeownership.
Contact us todayIn Canada, you’re considered a first-time home buyer if you haven’t owned a home in the last four years or if you’re purchasing a property with a spouse or partner who qualifies as a first-time buyer.
The minimum down payment in Canada is 5% for homes under $500,000. For homes priced above $500,000, the minimum increases. We’ll help you plan the right amount based on your budget and goals.
Yes! Through the Home Buyers’ Plan (HBP), eligible first-time buyers can withdraw up to $35,000 from their RRSP tax-free to put toward their first home purchase. We can guide you through this process.
Mortgage pre-approval typically takes 1 to 3 business days, depending on how quickly you provide the required documents. Getting pre-approved helps you understand your budget and shows sellers you’re a serious buyer.
Yes. Programs like the First-Time Home Buyer Incentive, Home Buyers’ Amount (tax credit), and GST/HST New Housing Rebate are designed to help reduce the upfront costs of purchasing your first home.
Have Questions? Get in Touch with Our Team!
If you need expert advice or have any questions, contact us today. We're here to help with all your mortgage needs.
Vancouver Mortgage Solutions