The New RBC True House Affordability Tool
This helps to prequalify our clients before they start shopping. Here is Barry Porter's personalized link.
http://online.royalbank.com/cgi-bin/tools/true-house-affordability/start.cgi#/welcome?lang=en&ms=barry.porter

​Barry Porter I Mortgage Specialist I RBC Royal Bank I Royal Bank of Canada
​Barry Porter
Mobile Mortgage Specialist
230 N. Christina St.
519-466-3833
​barry.porter@rbc.com
http://www.rbcroyalbank.com


Ontario Energy Board
Welcome to the Ontario Electricity Support Program (OESP). If you are a customer of an electricity utility and in a lower-income home, you may qualify for a reduction on your electricity bill. The OESP will reduce the cost of your household electricity by applying a monthly credit directly to your bill. The credit amount will depend on how many people live in your home and your combined household income.
https://ontarioelectricitysupport.ca/

Lambton County Home Ownership Program

Your first home could be closer than you think.  What if owning your first home was within reach?  What if turning rent into mortgage payments could be a reality?  With a new and innovative program you could move into your first home faster.  The Homeownership Program can help you with up to 10% (effective October 1, 2008) in downpayment assistance, up to a maximum $15,000.The Homeownership Program is a partnership amongst the Government of Canada, the Province of Ontario and the County of Lambton.  Through it, qualifying homebuyers will be provided with downpayment assistance in the form of up to 10% of the cost of an eligible home (up to a maximum $15,000) under the program and no interest will be charged on the assistance (conditions apply).  Eligible purchasers will be selected from those who meet the income requirements, other program criteria and are qualified for a mortgage at a recognized NHA financial institution.

http://www.lambtononline.ca/home/residents/housingservices/Pages/HomeownershipProgram.aspx


Lambton County School Details

School Locator based on street address or postal code: http://sbi.schoolbusinfo.com/edulog/webquery/LKdisclaimer.html
 


School Bus information:  http://www.schoolbusinfo.com/
 

Home Buying Step by Step - CMHC  http://www.cmhc.ca/en/co/buho/hostst/index.cfm

 

Sarnia Area Information

School Information

Lambton County Site Lambton Kent District School Board
Chamber of Commerce St. Clair District Catholic School Board
Sarnia-Lambton Economic Partnership Lambton Christian School Society
Tourism Sarnia-Lambton Which School will my child go to from this house?
MPAC  

For home owners over 64 years old

Beginning in 2009 the Ontario Senior Home Owners’ Property Tax Grant will be provided to help eligible senior home owners with low and moderate incomes pay their property taxes.  Max grant in 2009 is $250, increasing to $500 in 2010 and subsequent years.

Senior couples with $250 or more in property tax in 2008 and incomes of up to $45,000 will receive the maximum grant in 2009.  If income is between $45,000 and $60,000 the grant will be proportionally smaller.

Single seniors with $250 or more in property taxes in 2008 and incomes of up to $35,000 will receive the maximum grant in 2009.  Income between $35,000 and $50,000 will receive a proportionally smaller amount.

To receive the grant the applicant must own and occupy a principal residence in Ontario and must have paid property taxes in 2008.  Applications for the 2009 grant will be contained in the 2008 personal income tax return packages, or online (form #ON479)

 

First Time Home buyers, Government Incentives Available
Please visit the websites provided for each incentive available to find out if you can qualify!

Home Buyers Plan using RRSP money for a down payment
http://www.cra-arc.gc.ca/hbp/
"The Home Buyers' Plan" is a program that allows you to withdraw up to $25,000 in a calendar year from your registered retirement savings plans (RRSPs) to buy or build a home.
 

Land Transfer Tax Refund for First Time Homebuyers
http://www.fin.gov.on.ca/en/bulletins/ltt/1_2008.html
When you buy land in Ontario, you pay land transfer tax, First-time homebuyers may be eligible for a refund of all or some of the tax.
 

First time Home Buyers’ Tax Credit (HBTC)
http://www.cra-arc.gc.ca/gncy/bdgt/2009/fqhbtc-eng.html#q1
The HBTC is a tax credit, based on an amount of $5,000, for home buyers that obtain a qualifying home
 

Lambton County First time buyer
https://www.lambtononline.ca/home/residents/housingservices/Pages/HomeownershipProgram.aspx
Lambton's Homeownership Down Payment Assistance Program provides eligible households living in rental accommodations with loan assistance up to 10% to a maximum of $19,000 for the purchase of a new or resale homethat does not exceeding $190,000



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