Here are some new and existing housing benefits and tax credits that could help you buy your first. Think about all the expenses that affect how much home you can afford —including the down payment, closing costs, and moving expenses—and determine. Webnot only will they now be able to borrow up to $35,000 from their rrsps in order to buy their first home, but prospective home owners with incomes under $120,000 will also be. To qualify, you can’t have lived in a home. If you owned a home that you did not live in (e. g. , you rented it out), you may still qualify.
