First Time Home Buyer Mortgage

​Budgeting

​Cost of owning a home is very different when compared to renting or living at home. It's important to determine if the expenses of owning a home fits comfortably within your monthly budget.

Here are some costs to consider when owning a home

• insurance

• maintenance

• property tax

• utilities

• condo fees

Feel free to check out our purchase calculator

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When purchasing a home, it is more than just a down payment. 

Here are some costs to consider

• lawyer

• inspection

• appraisal (may be required)

• moving costs

• property taxes

• insurance

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Once you've determined what your budget for mortgage payments ​this will help for the pre-approval stage.

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Pre-Approval​

Ready to start actively searching for your home? Its best to get a pre-approval.

This is a detailed review of your application. 

Process includes reviewing income, credit, debts, down payment and more.

Knowing the purchase price will simplify the house hunting journey. This helps narrow down the options for the home that suites your interest. If there are multiple offers on a home, this helps your offer stand out as a prepared buyer. Afterall, sellers like prepared buyers because it shows that they have a higher chance of being able to complete the purchase.

There will also be options to secure a pre-approval rate hold in case rate market increases.

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Not quite ready to get pre-approved? Lets do a pre-qualification!

It's simple! Pre-qualify in minutes!

Checkout the free pre-qualification calculator!

NO documents, NO credit check.

When you're ready, let us know!

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Purchasing Your Home​

Let us guide you through the process. From reviewing mortgage qualification to mortgage approval. 

Time frame for home purchase from application submission to possession is approximately 3 - 4 weeks. 

We will go over documents required during pre-approval stage, once you've found a home, we will review the current best mortgage options.

When the mortgage approval has been completed, your lawyer will take care of the rest!

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Lowest Rate Mortgages​

Lowest rates may not always be the best options. Different lenders have different mortgage products. Lowest rate products may have restrictions or higher penalty calculations, therefore borrowers may sometimes end up paying more. It is best to understand the product before selecting a mortgage option.

With access to 50+ lenders, we are here to help you find the mortgage product that best suites your needs with the best rates!