First time home buyer with co signer

[alex-skoropata]

My wife and I bought a house in Saskatchewan and my father is a co signer on it. He owns his own house, does this affect us with the first time home buyers credit?

[Sally71 · Accepted solution]

No, it doesn't.

[alex-skoropata]

Thank you! We were so worried that we couldn't claim the federal or provincial credit. Huge relief!

[Sally71]

You are welcome.  This is the information from Canada Revenue web site, should you have more question: http://www.cra-arc.gc.ca/hbtc/