https://www.123articleonline.com/rss/author/378183/mortgage-diligentArticles written by mortgage diligent from 123ArticleOnline.comen-usCopyright (c) 123ArticleOnline.com All rights reserved. https://www.123articleonline.com/articles/1356020/first-time-home-buyer-mortgage-in-ontario-canada A first-time homebuyer refers to an individual or household who is purchasing a home for the first time. This designation is not limited to someone who has never owned any property before; it typically refers to someone who has not owned a principal residence within the specified timeframe determined by the relevant housing authorities or programs.