The Provincial Government has issued amended First Time Home Buyers requirements.

The qualifications for the exemption have changed. A first time home buyer can now qualify for a full exemption with a purchase price of less $425,000 (previously $375,000).

A partial exemption is available if the purchase price is more than $425,000 but less than $450,000.

Also there is no longer a requirement for any financing.

For more information, please see:

www.sbr.gov.bc.ca/documents_library/bulletins/ptt_004.pdf

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About Dreyer Group

Dreyer Group is a member of the VERICO mortgage brokers network. We can help anyone nationwide, but we primarily serve BC residents in the lower mainland including Surrey, South Surrey, White Rock, Langley, Delta, Vancouver, North Vancouver, West Vancouver, Burnaby, New Westminster and Coquitlam. Dreyer Group Mortgages can provide mortgage solutions to US residents, non-residents, new immigrants and the rest of Canada. No matter where our clients are located, we are committed to providing the best mortgage rates and options in the marketplace.

About Verico

VERICO is a national mortgage brokers network. As an assembly of independently owned and operated mortgage brokers, VERICO brokers are comprised of the most trusted mortgage professionals in Canada that adhere to the highest standards of service based on professionalism, expertise and ethics. The VERICO Mortgage Network includes over 40 of Canada's most respected mortgage lenders and insurance suppliers.
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