First-Time Buyers
Your First Home is Closer Than You Think We help first-time buyers across British Columbia and Alberta get pre-approved fast — with access to 90+ lenders and zero broker fees. Get Your Free Pre-Approval — Takes 2 Minutes 🔒 No spam. No obligation. 100% free. Getting a first-time home buyer mortgage in BC or Alberta […]
Your First Home is Closer Than You Think
We help first-time buyers across British Columbia and Alberta get pre-approved fast — with access to 90+ lenders and zero broker fees.
Get Your Free Pre-Approval — Takes 2 Minutes
🔒 No spam. No obligation. 100% free.
Getting a first-time home buyer mortgage in BC or Alberta is one of the biggest financial decisions you will ever make — and it doesn’t have to be overwhelming. At CTC Mortgages, Paramvir Nijjar and Jimmy specialize in helping first-time buyers understand their options, maximize government programs, and secure the best available rate. Whether you’re buying in Surrey, Vancouver, Calgary, or anywhere across BC and Alberta, we guide you through every step of the first-time home buyer mortgage process at no cost to you.
Why First-Time Home Buyer Mortgages in BC Require a Specialist
Most first-time buyers spend months browsing listings before they even know their budget — and then lose their dream home to a buyer who already had their financing in place. We fix that. In a single 20-minute call, Paramvir or Jimmy will tell you exactly what you qualify for as a first-time home buyer, what your monthly payments will look like, and which government programs you are eligible for in BC or Alberta.
1
Discovery Call
20 minutes
2
Pre-Approval
Within 24 hrs
3
House Hunt
With confidence
4
Keys in Hand
Closing day
How It Works — 3 Simple Steps
Discovery Call
We learn about your goals, income, and timeline. No paperwork yet — just a conversation.
Fast Pre-Approval
We shop 90+ lenders to find your best rate and issue a pre-approval letter — usually within 24 hours.
House Hunt with Confidence
You know your exact budget. We handle all lender communication so you can focus on finding your home.
First-Time Home Buyer Programs in BC & Alberta
As a first-time home buyer in BC or Alberta, you may be eligible for several government programs that can significantly reduce your upfront costs. Below is a summary of the key programs — click each link to learn more directly from the government source.
| Program | Province | Benefit |
|---|---|---|
| First Home Savings Account (FHSA) | Canada-wide | Save up to $40,000 tax-free toward your first home |
| Home Buyers’ Plan (HBP) | Canada-wide | Withdraw up to $60,000 from your RRSP tax-free |
| First-Time Home Buyers’ Tax Credit | Canada-wide | Up to $1,500 tax credit on your return |
| BC Property Transfer Tax Exemption | BC Only | Full PTT exemption on homes up to $835,000 |
| CMHC Mortgage Loan Insurance | Canada-wide | Buy with as little as 5% down payment |
| Alberta Land Transfer Advantage | Alberta Only | No provincial land transfer tax (saves thousands) |
Not sure which programs you qualify for? Book a free call and we’ll walk you through every dollar available to you as a first-time home buyer in BC or Alberta.
Common First-Time Buyer Questions
In Canada, the minimum down payment is 5% for homes under $500,000. For homes between $500,000 and $1,499,999, it’s 5% on the first $500K and 10% on the remainder. We can help you explore all options including gifted down payments from family and combining your FHSA + HBP for a larger down payment.
A single credit inquiry for a mortgage pre-approval has minimal impact on your score — typically 5 points or less. We only pull your credit once and shop it to multiple lenders, so you don’t get multiple hard inquiries.
A pre-qualification is an informal estimate based on self-reported information. A pre-approval is a verified commitment from a lender based on your actual documents. Sellers and agents take pre-approvals seriously — pre-qualifications are often ignored.
Your bank will only offer you their own products. We have access to 90+ lenders — including banks, credit unions, monoline lenders, and trust companies — and we negotiate on your behalf. Our service costs you nothing; we’re paid by the lender you choose. For a first-time home buyer mortgage in BC, working with a broker almost always results in a better rate and more program access than going directly to a bank.
Ready to Find Out What You Qualify For?
Book a free 20-minute strategy call with Paramvir or Jimmy. No obligation, no pressure — just clear answers about your first-time home buyer mortgage options in BC and Alberta.
Serving Surrey, Vancouver, Calgary, Edmonton, and all of BC & Alberta