First Time Home Buyers

If you are considering purchasing your first property, we can guide you through the process with expert financial advice to help you find the perfect home. Our education-focused approach will provide you with clear next steps and an easy-to-use online application to kick-start the process accurately. We understand that transitioning from renting to owning can be overwhelming, which is why our tools and guidance will streamline document submission and provide detailed assessments to aid in budget planning.

We will help you understand homebuyer incentive programs and determine how much down payment you need, what you can afford to buy, and what your monthly payments will be. Our goal is to design a custom-tailored mortgage product that fits your needs, provide you with a mortgage pre-approval, and lock in the best rate available. With access to all of Canada's top lenders, including large banks, mortgage finance companies, credit unions, and alternative financers, we can find the right lender for you even if you do not qualify at your bank.

By utilizing the most innovative tools in Canada, we can reduce errors, improve efficiencies, and save you time throughout the homebuying process. Our expert handling of financial details will ensure a seamless transition from renting to owning, allowing you to quickly find your perfect property. Trust us to guide you through every step of the process, from determining your financial needs to securing the best mortgage rate available.

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Before beginning your search for a home, it is essential to get pre-approved for a mortgage. This process involves submitting your financial information to a lender, who will then determine how much money you can borrow. Not only does pre-approval save you time, but it also helps you understand what price range you should be looking at when searching for your dream home. By getting pre-approved, you will have a better idea of what you can afford, allowing you to narrow down your search and make more informed decisions.

Once you have been pre-approved, the next step is to lock in your interest rate. Locking in your rate ensures that you will receive a specific interest rate for a set period of time, usually around 30-60 days. This rate lock gives you rate assurance, protecting you from potential rate increases while you are searching for a home. By locking in your rate, you can shop for properties confidently, knowing exactly what your interest rate will be when it comes time to finalize your mortgage.

During the pre-approval process, the lender will work with you to design a custom-tailored mortgage product that meets your specific needs and financial situation. By getting pre-approved and locking in your rate, you can streamline the approval process and expedite the closing on your new home. Overall, pre-approval and rate locking are crucial steps in the mortgage process that can save you time, money, and stress in the long run.

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First time buyer or refinancing? Call for a free quote!

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