Firststep’s commitment is to lower your down payment, lower your monthly payments and make your dream of affordable home ownership a reality now.
First-time home buyers are frustrated, we’re here to help.
All your attempts to get into the market are being frustrated – prices may be adjusting but things like stress testing still keeps housing unaffordable. It is not fair and it is not sustainable. Someone had to create a fairer way for Canadians to buy a home. That is why we created FirstStep Financial.
Homes remain prohibitively expensive. You should not have to spend the vast majority of your income just on your housing. What about saving for your future? Needed vacations? Healthier eating? Where is the balance?
But what choices do you have? Move far away from your job, replacing family time with commute time. Fall prey to high interest grey market lenders? Or rent, try to save a down payment and wait for a correction? Well history has proven the cost of waiting is just too great. In the last 10 years alone, the average house in Vancouver went up $800,000 and at the same time rents sky-rocketed. What correction? What savings?
A fairer type of financing
FirstStep has created a smart way for you to get into the housing market, setting new standards in affordability, security and fairness. We enable you to buy your home with a 10% down payment and save as much as 30% on your monthly payments, putting you in control of your future and best of all, it’s easy.
Sound too good to be true? Find out how FirstStep can help people like you realize your dream.
Like the bank of Mom & Dad
Consider FirstStep Financial the bank of Mom & Dad for people who don’t have that option. Simply put, FirstStep provides you 90% of the purchase price. Now all you need is 10% for the downpayment to purchase your home.
Our unique structure drives down the cost of home ownership, is fully transparent, safe and easy. It allows you to participate in the appreciation of your home and save your hard earned money each month, making more home options available to you, sooner (’cause time is money). Down the road you pay us back, much like you would with Mom & Dad.
“Where’s the catch?” There are no hidden fees, no small print to navigate through. It’s all pre-agreed, pre-determined. What you see is what you get.
Owning and Saving
Is that even possible? Find out how FirstStep is committed to making home ownership more affordable. You can own your dream home AND save money each month.