Mortgage Blog
Quality advice, quality service and the best mortgage rates
Saving for your first home? A First Home Savings Account (FHSA) can be a game changer.
February 11, 2026 | Posted by: Angela Robinson
An FHSA lets first-time buyers save up to $40,000 with tax-deductible contributions and tax-free withdrawals when buying a qualifying home. It can be used alongside an RRSP and the Home Buyers’ Plan to build a stronger down payment strategy. The key is understanding the rules, limits, and how it fits into your overall plan.
At Alberta Mortgage Professionals, we help first-time buyers connect smart savings strategies with a clear path to homeownership.
Contact us to get started on your home ownership journey today! Call 780 701 3888 or email marc@albertamortgagepros.ca
Want more details?
https://money.ca/banking/savings-accounts/first-time-home-buyer-savings-account
#FirstTimeHomeBuyer #FHSA #DownPaymentSavings #HomeBuyingCanada #MortgageAdvice #CanadianRealEstate #HomeOwnershipGoals #FinancialPlanning #AlbertaMortgageProfessionals
