I’m Varun Chaudhry, proud co-owner of Kraft Mortgages Canada Inc, along with my business partner, Gursharan Dhaliwal.

There’s rarely ever a bad time to purchase a new home. By and large, homes appreciate over time, and even if there’s a slump in the market having a home is no loss as you have a place to live. Once the market picks up again, you can sell. Investing in a home has been such a good bet in Canada that prices have gone up too much in some areas, creating barriers to home-ownership for some Canadians. This had led to the Government of Canada creating a number of different incentives for home buyers. One of the most innovative of these initiatives is the first-time home-buyers incentive, rolling out this September. Canadians meeting the criteria set out in the incentive can apply for a shared equity mortgage; the Government will provide you with 5% or 10% of the cost of the home. Once the home is sold, you’ll have to repay 5% or 10% of the home’s value - depending on which shared equity mortgage you obtained.

We are delighted to announce the launch of our new website!