Famous Application First Time Home Buyer Grant References. It is neither a loan nor a tax credit. The first time home buyers' program reduces or eliminates the amount of property transfer tax you pay when you purchase your first home.

First time home buyers' program. Between february 2017 and september 2018, the bc home owner mortgage and equity partnership program provided eligible home buyers a repayable down payment assistance. Claiming this credit can result in a tax rebate of $750 opens a.