🧱 First-Time Home Buyer Programs in Canada: September 2025 Update

🧱 First-Time Home Buyer Programs in Canada: September 2025 Update

Mortgage Rates
September 12, 2025•1 min read

Blog Post:

Buying your first home in Canada can be exciting—but it’s also more affordable than many think in 2025. With stable mortgage rates and updated government programs, September 2025 is shaping up to be one of the best times for first-time buyers to enter the housing market.

🏡 Updated 2025 First-Time Home Buyer Programs

  1. First Home Savings Account (FHSA):
    Canadians can save up to $8,000 annually tax-free, helping build a down payment faster. The FHSA remains one of the top tools for new buyers in 2025.

  2. Home Buyers’ Plan (HBP):
    Withdraw up to $60,000 from your RRSP to buy your first home, repayable over 15 years.

  3. First-Time Home Buyer Incentive (FTHBI):
    A shared-equity program where the federal government contributes 5% to 10% of the home’s purchase price—reducing monthly payments.

  4. Land Transfer Tax Rebates:
    Available in Ontario, BC, and PEI, with Toronto offering an additional rebate for eligible buyers.

  5. CMHC-Insured Mortgages:
    With as little as 5% down payment, insured mortgages remain accessible for buyers with modest savings or limited credit history.

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Ali Zaidi is the Principal Broker licensed in 8 provinces in Canada, the CEO of RateShop Inc., an Exempt Market Dealing Representative, maintains a Realtor license in Ontario and is the founding partner at RateShop USA. Ali Zaidi has been pivotal in setting up mortgage funds and investment corporations. He is regarded as a Canadian mortgage subject matter expert, with more than 15 years of experience in residenatial and commercial mortgage brokering and lending. Ali's primary goal is to help his clients create wealth by understanding mortgages better, for borrowing and lending.

Ali Zaidi

Ali Zaidi is the Principal Broker licensed in 8 provinces in Canada, the CEO of RateShop Inc., an Exempt Market Dealing Representative, maintains a Realtor license in Ontario and is the founding partner at RateShop USA. Ali Zaidi has been pivotal in setting up mortgage funds and investment corporations. He is regarded as a Canadian mortgage subject matter expert, with more than 15 years of experience in residenatial and commercial mortgage brokering and lending. Ali's primary goal is to help his clients create wealth by understanding mortgages better, for borrowing and lending.

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