First-Time Home Buyers
Your Guide to Homeownership
Buying your first home is a major milestone. JRE Group walks you through every step ? from pre-approval to closing ? so you get the best rate and the confidence to make it happen.
What We Offer
Everything you need as a first-time buyer, under one roof
First-Time Buyer Programs
Access exclusive programs and incentives designed specifically for first-time home buyers in Canada.
Down Payment Options
Starting at just 5% down. We explain all your options including gifted funds and RRSP withdrawals.
CMHC Insurance Guidance
We walk you through mortgage default insurance requirements and how to minimize your overall cost.
Rate Shopping
We compare rates from 50+ lenders so you never have to ? getting you the most competitive rate available.
Government Incentives
From the First Home Savings Account (FHSA) to land transfer tax rebates ? we help you claim every dollar you're owed.
Step-by-Step Guidance
We guide you from the first conversation through pre-approval, offer, closing ? and beyond.
Why First-Time Buyers Choose JRE Group
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No cost to you Our services are completely free for borrowers. Lenders pay our fee.
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Access to 50+ lenders Banks, credit unions, and alternative lenders ? we shop them all for you.
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Fast pre-approvals Get a same-day pre-approval so you can shop with confidence.
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Education at every step We explain everything in plain language ? no mortgage jargon.
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Licensed professionals FSRA-licensed mortgage agents with your best interest in mind.
Ready to Get Started?
Book a free, no-obligation consultation with one of our mortgage professionals today.
We'll review your situation, answer all your questions, and map out the fastest path to your first home.
Contact Us NowEstimate your payments
Try our mortgage calculator ?Frequently Asked Questions
Common questions about first-time home buyers
How much down payment do I need as a first-time buyer?
In Canada, the minimum down payment depends on the purchase price. For homes up to $500,000 it's 5%. For homes between $500,000?$999,999 you need 5% on the first $500K and 10% on the remainder. Homes over $1 million require 20% down. As a first-time buyer you can also use your RRSP (up to $35,000 per person) or the First Home Savings Account (FHSA).
What is CMHC mortgage insurance?
CMHC (Canada Mortgage and Housing Corporation) mortgage default insurance is required when your down payment is less than 20% of the purchase price. The premium ranges from 2.8% to 4% of your mortgage amount and is added to your mortgage. While it increases your mortgage balance, it lets you buy a home sooner with a smaller down payment.
How do I get pre-approved for a mortgage?
Getting pre-approved is simple with JRE Group. We gather basic information about your income, employment, assets, and debts, then submit to lenders on your behalf. You'll receive a pre-approval letter ? typically within 24 hours ? that shows sellers you're a serious buyer and locks in your rate for up to 120 days.
What government programs are available for first-time buyers?
There are several programs available in Ontario and federally: the First Home Savings Account (FHSA) lets you save up to $40,000 tax-free; the Home Buyers' Plan (HBP) lets you withdraw up to $35,000 from your RRSP; the First-Time Home Buyers' Tax Credit provides up to $1,500 in federal tax relief; and Ontario's Land Transfer Tax Rebate can save you up to $4,000. We help you navigate all of them.
Have more questions?
View All FAQsStart Your Homeownership Journey Today
Our mortgage professionals are ready to help you find the right mortgage, maximize your incentives, and get you into your first home faster.