Canada Mortgage Portal

Mortgage Alliance of Canada

2009-03-01T15:32:00.000-08:00

Mortgage Basics - Mortgage Alliance

Why use a mortgage broker?

Mortgage rates and products are constantly changing, and the Canadian market is more competitive than ever before. By choosing a mortgage broker you can access all your mortgage options with just one phone call, one application. Your mortgage broker works on your behalf to find the Right Mortgage® for your situation, and as an independent brokerage, a Mortgage Alliance professional can place your mortgage with whatever lender is the best fit for you, whether it’s a major bank or even a private lender.

A mortgage broker has expertise and knowledge that will guide you to make the right decisions about your mortgage needs. They also offer greater flexibility by being accessible outside of normal business hours and available to meet at a convenient location, often in your own home.

All this, plus these services are often at no cost to you (O.A.C.)!

This information that will help you understand the mortgage process better.

What are mortgage rates at now? That depends on your individual situation.

When researching a mortgage, you will notice a lot of companies shouting about "lowest rates", "guarantees", "cash back" and "100% financing". At Mortgage Alliance, we know how important it is to negotiate the best rate for your specific situation. We deal with over 40 lenders (some exclusive to Mortgage Alliance) and offer competitive rates - if we didn't, we wouldn't be in business! But we also know that financing terms you choose could save you thousands of dollars and take years of your mortgage.

We know that buying a home, refinancing, or renewing is stressful enough, and anything we can do to make the process hassle-free is priceless. Whether you believe you can walk into your bank branch and get the lowest rate or you're not even sure if you can qualify for a mortgage - you can benefit from the expertise and unbiased advice offered by a Mortgage Alliance Professional.

Unconvinced? See our rates.

Guides and advice on obtaining, improving and securing your credit.

Confused by different mortgage terms? BREATHE easy. The help you need is right here.

Purchasing a home is a smart investment. Yet whether you are buying a home, refinancing or simply renewing, the mortgage you choose is an important decision. Working with an independent mortgage professional is the first thing you can do to ensure the process is simple, convenient, and in your best interest.

Mortgage Alliance of Canada

Suite #200, 2005 Sheppard Avenue East
Toronto, Ontario
M2J 5B4
tel: 416-499-5454
toll free: 1-866-705-4447
fax: 416-499-8366
toll free fax: 1-866-264-5386

Dominion Lending Centre (Brokers Serving Western Canada, Prairies, Ontario and Maritime Provinces)

2009-03-01T11:21:00.000-08:00

Dominion Lending Centre - Learn About Buying a Home

The purchase of a home is the largest purchase most people make during their lifetime. At Dominion Lending Centres, we want to make each and every purchaser aware of the many mortgage options available to them prior to their purchase and closing date.

Now, more than ever, financial institutions are regularly launching new products and programs, making it easier to get into that new home sooner. Today, interest-only loans, self-employment programs, rental purchase programs, vacation property programs, and a host of other innovative financing alternatives are dotting the home purchase landscape, making homeownership a reality for more people than ever.

Whether you are first-time buyer or an experienced buyer with excellent credit, Dominion Lending Centres has access to the very best products and rates available across Canada. Give us a call... we think you'll be pleasantly surprised!

Dominion Lending Centre (Head Office)
2189 Austin Avenue
Coquitlam, British Columbia
V3K 3R9
toll free: 888-806-8080
email: help@dominionlending.ca

Understanding your Credit Report

As credit has become more and more abundant in our society, your credit report, and thus your credit rating, has become more important in your daily life. Your credit rating affects all aspects of your financial activities when it comes to borrowing money. Your credit rating also has the ability to affect the job you get, the apartment you rent, and even the ability to open a bank account.

Your credit report itself is simply a listing of all of your mortgage and consumer debt. Here in Canada, the two main credit reporting agencies are Trans Union and Equifax. Both agencies have a credit history file on anyone who has ever borrowed money. Every time you borrow money, or make a payment on a loan or credit card, the lender then reports the information about the transaction to these two agencies. In addition to credit information, you will also find liens and judgments on your credit report as well as your address and possibly your work history. The accumulation of all of this information is called your credit report.

The information on your credit report varies based on your creditors and what they have reported about you. Potential lenders and others, such as employers, view your credit history as a reflection of your character. Whether we like it or not, our financial habits have a lot to say about the way in which we choose to live our lives.

The credit score, or beacon score, is a number which gives mortgage lenders an idea of your lending risk. Credit scores range from 300 to 900, the higher your credit score the better. The mortgage products and interest rate that you will qualify for are often determined by your credit score.

One thing that many people do not know is that you have the legal right to obtain a copy of your credit report. A mortgage professional can help you obtain a copy of this report and go through it with you to verify that all of the information is true and correct.

The good news is that your credit report is a working document. This means that you have the ability over time, to repair any damaged credit and increase your credit score.

Maple Leaf Mortgages (Brokers Serving Richmond Hill, Ontario)

2009-02-28T22:53:00.000-08:00

Mortgages - Frequently Asked Questions

How do I know if I qualify?

There are many ways to qualify for a mortgage, some mortgages are based on the equity of your home, with no income qualifications needed. Others, are based on salary and credit worthiness.
Each mortgage application is treated differently and can be approved subject to your specific needs and qualifications. We are experts in determining how we can process your application and get you the best mortgage rates in the marketplace.

How does bankruptcy affect my qualifications?

If you own a house and do have equity, we can get your home refinanced for you, even if you are not a discharged bankrupt. In order to purchase a home, depending on your downpayment, we can get you a mortgage, provided you are discharged from bankruptcy.

I am business for self and can't prove income, can I still get a mortgage?

Yes, we can still get you approved for a mortgage, the qualifying process is different, rates and terms may vary, upon credit and equity in your property, or your downpayment towards your purchase.
By calling us we will ask 4 simple questions.
1. how is your credit?
2. how much are you putting down, if it is a purchase?
3. what is your income?
4. How long have you been on your job?

How long can you hold a rate for?

Rates can be held from 90 to 120 days. Most rates can drop if rates in the marketplace fall.

Can we arrange bridge financing?

Bridge financing can be arranged depending on the closing time. usually no more than 6 wks

Can we switch from a variable to a fixed?

Depending on the terms of your mortgage you can switch to a fixed rate term any time from a variable rate mortgage

I have bad credit, can I still get a mortgage?

Even with bad credit but with equity in your property we can get you approved for mortgage financing

Can I buy with no money down?

With good credit, job stability and income you can arrange a mortgage with no money down up to 100% of the property value or new purchase amount

Apply Now - Click Here

Maple Leaf Mortgages
Suite #201, 225 East Beaver Creek Road
Richmond Hill, Ontario
L4B 3P4
tel: 905-886-5323
fax: 905-886-2839

London Life

2009-02-26T15:11:00.001-08:00

Mortgages - London Life / Freedom 55 Financial

London Life has been in the mortgage lending business for more than 125 years. Financing a home may be the biggest financial decision you ever make. Use our expertise to your advantage—we’ll help you make the right decisions.

Plan to Meet Your Needs

Whether you're shopping for your first home, renovating or moving up, you can achieve your home ownership dreams. Financial security advisors associated with Freedom 55 Financial work closely with our mortgage planning specialists to help build your mortgage into your financial security plan.table end

Products

We offer a wide variety of mortgage products to meet your unique needs.

Payment Options

We offer payment options to fit every budget. Our prepayment privileges can save you thousands of dollars over the life of your mortgage.

Mortgage Life Insurance

You’ve found the right home—now find the right mortgage life insurance protection.

What Else You Need to Know

We can provide expertise to both first-time and experienced home buyers. Understand the jargon, learn about one-time costs, find out how to apply for a mortgage, and get answers to common questions about mortgages.

Envision Financial

2009-02-26T14:47:00.000-08:00

Envision Financial - Buying Your First Home

Buying your first home can be exciting and scary all at once. There's so much to know, so much to decide. At Envision, we take the worry out of home financing and give you the information you need to get on with living.

The mortgage process

Saving for your home

Mortgage Basics - What do you need to know?

Open or closed mortgage

Effects of amortization

Fixed or variable rate

How much can you afford?

What other costs do you need to consider?

Can you be pre-approved for a mortgage?

Finalizing your mortgage

Saving for your home

The first step is to save money for the down payment (the initial upfront portion of the total sales price) and figure out how much you can afford. The larger the down payment you make, the smaller your mortgage will be and the less interest you’ll pay over the life of your mortgage. A typical down payment is 20% of the purchase price of the home. Save up this amount and you’ll be eligible for a conventional mortgage.

You can, however, buy a home with less than 20% down or no money down. This type of financing, called a high-ratio mortgage, requires you to purchase insurance from Canada Mortgage and Housing Corporation (CMHC) or Genworth. You can pay the associated application fee and premium upfront or add it in to your overall mortgage. Premium varies depending on Loan-to-Value (LTV) ratio and amortization.

Down Payment Calculation

20% -> $300,000 - $60,000 = $240,000 mortgage, 5% -> $300,000 - $15,000 = $285,000 mortgage

Interest Rate 6%*

Amortization 30 years

Monthly Payment $1,427.58, $1,745.26

Total Paid $513,926.16, $628,293.28

*Assumes an average rate of 6% over entire amortization for illustrative purposes only. Actual rates would vary depending on term selected.

Need advice on how to save? We can help. Our member service representatives can set up a strategy that will help you put away a little each month. First-time home buyers can also withdraw up to $20,000 from their RSPs (without immediate taxation) to use for their down payment. Remember though, whatever amount you withdraw will need to be repaid to your RSP within 15 years. Please visit the Government of Canada website for further details. Some conditions apply.

Mortgage basics

A “closed” mortgage has a longer, set term (usually six months to 10 years) and limited prepayment options. If you decide to refinance, renegotiate or pay out the mortgage before your term ends, a penalty applies. However, what you sacrifice in flexibility, you usually make up for on rate. A closed mortgage is a great choice for buyers who suspect that interest rates are on the rise and aren’t planning to move in the short term.

An “open” mortgage can be repaid at any time during the term of the mortgage without a penalty and usually has a shorter term (from six months to one year). While open mortgages can allow you to pay your mortgage off faster, they often come with a slightly higher interest rate. But, if rates appear to be going down or you’re thinking you may be moving again in the next few years, an open mortgage may be exactly what you need.

Reducing the amortization period can help you save a great deal of interest over the long term. On a $200,000 mortgage, for example, increasing your monthly payment by $144.77 saves you $42,035.67 in interest and your mortgage is paid off five years sooner!

Effect of Amortization

Mortgage $200,000

Interest Rate 6%*

Amortization Terms 35, 25, or 20 years

No. of Payments 420, 300, or 240 payments

Total Payments (per month) $1,130.50, $1,279.61, $1,424.38

Total Amount Paid $474,815.44, $383,882.31, $341,849.64

*Assumes an average rate of 6% over entire amortization for illustrative purposes only. Actual rates would vary depending on term selected.

What about interest rates?

Again you have choice. With a fixed-rate mortgage, payments are set in advance for the term, providing you with the security of knowing exactly how much interest and principal you’ll be paying throughout the term. Another option is a variable-rate mortgage. As the interest rate fluctuates with the market, the portion of your payment that goes toward reducing your principal changes. If rates go down, more of your payment is applied to reduce the principal. If rates go up, more of your payment goes toward paying the interest. Research has shown that over the long term, most consumers come out ahead with this type of financing.

How much can you afford?

When it comes to buying a home, the last thing you want to do is get in over your head. At Envision, we can help you think through the real costs of home ownership-everything from redecorating, repairs and insurance, to suddenly needing a lawnmower.

When approving your mortgage, we'll consider your income as it relates to not only your home, but your other debts as well. Generally, we'll use two calculations to determine the maximum amount of financing you can afford.

Gross Debt Service (GDS) ratio

Your monthly housing costs should not exceed 30% of your gross monthly income. Included in housing costs are: monthly mortgage principal and interest payments, property taxes, hydro and heating, condominium or strata fees, or your annual site lease for leasehold property.

Total Debt Service (TDS) ratio

Your overall debt load (including housing costs and payments on car loans, credit cards, personal loans and lines of credit) shouldn't be more than 40% of your gross monthly income.

Mortgage Calculators

To help you calculate how much you can afford Envision has created tools to show you what you can afford. Compare mortgage terms, review refinance options, see the impact of interest rates and more! Click here to link to Envisions tools and calculators.

What other costs do you need to consider?

When assessing how much you can spend for your home, don’t forget about the many one-time expenses that you’ll face. Expect related fees to cost about 1.5 to 3 per cent of the purchase price of your new home. Here’s a brief list of items to consider:

GST and sales taxes-apply to certain properties, including new or recently constructed homes.

Property transfer tax-applies to most home purchases in B.C. The tax is 1% of the first $200,00 of the market value and 2% of the balance.

Inspection fees-to check your home for structural soundness, confirm mechanical condition and identify any problems.

Appraisal fee-to ensure the property is acceptable security for the mortgage.

High-ratio fees-to cover the premium and application cost for default mortgage insurance on high-ratio mortgages.

Legal fees-to register the mortgage and transfer the property to you as the new owner.

Tax/utility/interest adjustments-to compensate the vendor for any pre-paid property taxes, utility fees or interest payments.

Home insurance-to protect your home in case of fire or other damage. Did you know that Envision can help you get home insurance that’s right for you? Click here for an insurance office near you.

Mortgage insurance-is always a smart choice because it enables your family to keep your home in the event of your death. It can also protect you in the event of prolonged illness, injury or loss of employment.

Moving costs-to settle into your new home no matter where you move.

Utility costs-to establish new utility hook-ups.

Renovation and repair costs-to cover any immediate repairs, renovations or decorating costs.

Can you be pre-approved for a mortgage?

Pre-approval makes shopping for a home easier. That's because you'll know exactly what your price range is before you go out looking. You'll know how much you can borrow, the interest rate, and your payments. You won't be obligated to make a purchase, but if you see something you like, you can quickly make a realistic offer. That can be a big advantage in a hot housing market.

Plus, your interest rate can be guaranteed for up to 90 days, protecting you against rising rates.

Documents required for pre-approval

Income confirmation-this can include a letter from your employer, T4 slips, financial statements, and Revenue Canada assessments.

Down payment confirmation-your down payment can include saved funds on deposit with your financial institution, RSPs, a gift from an immediate family member, and/or equity from the sale of another property.

Credit application-this will provide us in assessing your mortgage request and your net worth. It also authorizes us to do a credit bureau check.

Credit confirmation-we'll need to do a credit investigation and confirm that your credit rating is satisfactory for lending purposes.

Finalizing your mortgage

When you sign your mortgage agreement, you’ll need to provide some essential paperwork:
Income confirmation-this may include a letter from your employer, T4 slips or financial statements.
Down payment confirmation-this can include statements that verify deposits, RSPs, equity from another property or a gift from a family member.

Credit application and confirmation-this will give Envision the information we need to review your credit rating and assess your mortgage request.

Purchase agreement-this is the legal document between you and the seller.

Real estate listing-this verifies the property.

Contact information of your notary or lawyer.

Contract and building plans, if your home is being built.

Community Savings Credit Union

2009-02-26T14:38:00.000-08:00

Community Savings - Mortgages

For over 65 years, Community Savings has provided some of the most innovative, flexible and competitive mortgage plans to its members. This tradition continues today.

You can finance up to 95% of the appraised value of your home and even borrow the down payment as well!* We can also help you lower your payments or afford a larger house by amortizing the mortgage up to 35 years*.

Highlights

-Mortgage Terms: 6 months to 5 years

- Rates: fixed, variable, or have the freedom of both.

- Payment Schedule: weekly, bi-weekly, or monthly

- Amortization: up to 35 years

- Prepayments: pay down up to an additional 20% of the original principal balance on each anniversary date of your mortgage.

Too busy to visit a branch?

No problem. Our experienced "Mobile Mortgage Maker" can visit your home or office to discuss financing options. Call today for our promotional rates.

Coast Capital Savings

2009-02-26T14:26:00.000-08:00

Coast Capital - Mortgages

You’re about to get a mortgage. It may be the biggest purchase of your life. Sure, it’s scary. But we can help with our No Worry Mortgages™.

Our mortgages are no worry because we’ve relaxed our lending guidelines so it's easier than ever to be a homeowner.*

Best of all, our No Worry Mortgages come with our Haggle-free Guarantee®. We automatically give you our best possible rate. We promise.

Apply online today

Mortgage Products

Now that you’re pretty much approved, it’s time to consider your mortgage product options.

Mortgage Delivery

At the end of a busy day, home delivery makes sense. But not just for dinner. We can help deliver a mortgage right to your door.

Compare Mortgage Rates

Every quarter percent makes a huge difference. Take a look at our competitive Haggle-free rates.

Mortgage Help

Find answers to the questions you didn't know you should ask about mortgages.

Mortgage Calculators

To keep your home sweet home from turning sour, you’ll seriously want to consider what you can pay on a monthly basis. Our mortgage calculators help you find out how much you can afford.

HSBC Canada

2009-02-26T14:22:00.000-08:00

HSBC - Mortgages

Equity Power Mortgage
More than an average mortgage - flexibility to advance funds based on your individual needs and combining of credit facilities to reduce interest charges.

Conventional Mortgage
A mortgage option for buyers and existing homeowners allowing for mortgage advances of up to 80% of the property purchase price or appraised value.

High Ratio Mortgage
Mortgages designed for buyers with limited down payment options or individuals looking to draw the maximum equity from their home for personal use.

Construction Mortgage
Interest-only payments during construction and a guaranteed interest rate prior to completion of construction.

Non-resident and New Resident Options
If you live outside of Canada and are interested in purchasing Canadian real estate, or if you are new to the country, HSBC can help you find which mortgage options best meet your needs.

Mortgage Payments Calculator
Determine your monthly mortgage payments.

National Bank of Canada

2009-02-26T13:41:00.000-08:00

National Bank - Buying a Home

Buying a first home

The purchase of a first home requires some thought and above all, planning. You can enhance your chances of success by following the 8 steps to buying a first home.

To help you finance your first home, benefit from the Home Buyers’ Plan (HBP).

Buy a Second Home

Whatever kind of second home you’re interested in, be it for seasonal getaways or year-round use, National Bank’s Second Home Program was designed to help you make your dream a reality.

Home Financing

Compare the solutions that we offer

Understanding Mortgage Financing

The initial downpaymentThe general features (amortization, insurances, etc.)Mortgage Glossary

- Make an application online
- Meet at the branch
- Start your online mortgage application (it only takes a few minutes)
- Make an appointment with an advisor
- Meet at your home
- Call us

Indicate your availability to meet with a Mortgage Development Manager at the time and location that suits you best. 1-888-4-TELNAT (1-888-483-5621)

Complete a pre-approval or a mortgage application form

Meet with a Mortgage Development Manager at your home

Contact Us: 514-394-5555, 1-888-4-TelNat

Citizens Bank of Canada

2009-02-25T14:48:00.000-08:00

Citizens Bank of Canada - Mortgages

Mortgages that deliver more:

get our lowest mortgage rate up front with no haggling
interest rate guaranteed for 90 days from pre-approval
flexible payment options to get mortgage-free faster
creditlines are available, subject to approval

Mortgage line up

Whether you're looking for a new mortgage, mortgage refinance, or want to transfer your mortgage, you'll find what you need here including:

Looking to buy a home but the mortgage payments are out of reach? You could lower your regular payments with a longer amortization period - now available up to 35 years.

Our mortgage calculators can help you determine up front how much your mortgage payments will be? Have questions? You can reach us 24 hours a day, 7 days a week at 1-888-708-7800 or apply online.

In Ontario, we have mortgage specialists who can discuss your mortgage options in person.

Citizens Bank home mortgages are available in British Columbia, Calgary, Edmonton, Winnipeg, Southern and Central Ontario, Toronto and Ottawa. Some conditions and restrictions apply.

CIBC Canadian Imperial Bank of Commerce

2009-02-24T14:53:00.000-08:00

CIBC - Buying Your First Home

There's nothing quite like owning your own home - getting to know your neighbours, decorating your home and creating a place that you can call your own.

Gathering relevant information is your first step to home ownership. How much can you afford? What's a comfortable mortgage payment for you? And what kind of home are you looking for? You'll find all the information you need here, or contact a CIBC Mortgage Representative to discuss your specific situation and needs at any time.

The first step is to get pre-approved.

If you already have a signed offer to purchase a property, you're ready to apply for a mortgage online, call Telephone Banking at 1-866-525-8622, or visit one of our branches.

Rent vs. own - what's the difference?

How much can I afford?

How much do I need for my downpayment?

How can I save for my downpayment?

Additional costs

Understanding mortgages

Get a Pre-Approved Mortgage Certificate

Check your credit history

What you should look for in a home

Making the offer

Finalizing your mortgage

Preparing to move

Choose a mortgage

Glossary

BMO Bank of Montreal

2009-02-24T14:47:00.000-08:00

BMO - First-Time Homebuyers

First-Time Home Buying from A to Z Podcast
Welcome to the First-Time Home Buying from A to Z podcast, an advice-oriented series for Canadians looking to become home owners for the first time.

Mortgage Basics
Find out about your options when choosing and applying for a mortgage, and how to contact home-buying experts.

Home Buying Process
Learn about the home buying process – from choosing a location to making an offer.

Saving for your Down Payment
Find out how to save for your down payment.

Mortgage Selector
Learn about flexible mortgage options and find out how to get a pre-arranged mortgage.

Making an Offer
Learn more about what goes into making an offer on a new home.

Closing Costs
Learn more about all the cost associated with buying a home.

Homeowner's Calendar
Be prepared for moving day.

Scotiabank

2009-02-23T21:47:00.000-08:00

Scotiabank - Buying Your First Home

Congratulations - you're planning to buy your first home! This is such an exciting time, yet it seems like there is so much to do before you can actually move in.We can help. These calculators and articles are a great way to learn more about buying your first home.

Customize Your Mortgage
Try our online tool and take control of your mortgage.
View Details

Related Tools & Calculators

Rent or Own? Evaluate the benefits and costs of buying or renting.		What Can I Afford? Find out what you may be able to afford.



Payment Calculator Calculate payment amount, amortization, mortgage amount and more		Mortgage Selector Determine which mortgage solution may be more suitable for you.

Related Resources & Articles


	First Time Homebuyers
	Tips for First Time Home Buyers
	Get Ready to Buy a Home

RBC Royal Bank

2009-02-23T21:24:00.000-08:00

RBC - Buying Your First Home

Arranging your RBC Royal Bank mortgage is easier than you think!

As a first-time home buyer, you probably have many questions. That's why RBC Royal Bank offers step-by-step personal assistance from knowledgeable mortgage specialists and an easy online application process.

We'll be by your side each step of the way, from helping you understand your options and what to expect, to mortgage pre-approval, and all the way through finalizing your mortgage and the purchase of your home.

Step 1: Understanding What�s Involved

To help you gain an understanding of your options, and where you can go for answers, click on the ad below:

Step 2: Getting Pre-Approved

One of the first steps in buying your home is obtaining a pre-approved mortgage. With a pre-approved mortgage you will:

Know how much you can afford and what your payments will be
Lock in your interest rate at today's rate (or lower if rates drop), guaranteed for 90 days¹
Demonstrate that you are a serious buyer, which can help in your negotiations with sellers and their agents

To begin your pre-approval, click on the link below and complete this short form. A mortgage specialist will be in touch with you within 24 hrs to complete an application for a RBC mortgage pre-approval.

Understanding Mortgage Basics

Need some extra guidance on mortgage basics before starting the process? The following topics can help you make a well-informed decision:

	Down Payment Options

	Closed, Open and Convertible Mortgages

	Mortgage Rates: Fixed and Variable

	Glossary

Learn More

Talk to a Mortgage Specialist

From determining how much you can afford, to explaining how to use your Registered Retirement Savings Plan (RRSP) towards your purchase, RBC Royal Bank mortgage specialists are ready to help guide you every step of the way. Speak to a mortgage specialist at any RBC Royal Bank branch or in your home or workplace.



Get Pre-Approved Lock your rate, and know exactly how much home you can afford.
	Start your Pre-Approval online	Talk to a Mortgage Specialist	Call now - 1 877 769-2570

¹ We guarantee our lowest posted interest rate for the selected mortgage type and for a 90 day period from the application date to the funding date. If not funded within the 90 day period, the interest rate guarantee expires. "Posted" means the interest rate posted by RBC for its residential mortgages.

TD Canada Trust

2009-02-23T20:50:00.000-08:00

TD Canada Trust - Mortgages

First-time home buyer Resources

Buying a home is an exciting and important life event. Being a first time home buyer means that you will have many decisions to make - and just as many questions that need answering. To help simplify this process, TD Canada Trust has compiled a wealth of information just for you, the first time home buyer. No matter what stage in the home buying process you're at, we have all the information you'll need along the way.

Select the step that best suits your current situation:

Considering Buying a Home

If you are thinking about home ownership, these resources can help you make the right decision:

Renting vs. Home Ownership

Determine if you're ready to make the move from renting a home to owning one.
Get More Information

The Home-Buying Decision

First find out whether home ownership is right for you, and then begin to ask yourself some important questions.
Get more information

Choosing a Home That's Right for You

You're convinced that home ownership is the way to go. Learn how to find a home you'll love:

Find Out What You Can Afford.

By shopping for homes that match your financial situation, you will be able to make a confident buying decision.
Get More Information

Financing and Pre-approval

Get pre-approved for a mortgage before you shop to ease your financial uncertainties.
Get more information

Find the Right Home

Condo or house? New or resale? We'll help you choose a home that suits your lifestyle.
Get more information

Making the Mortgage Decision

You've found the perfect home. Before you buy, make sure that you have a mortgage payment plan that works for you:

Choosing the Right Mortgage

Choose the mortgage with the features that meet your needs and lifestyle. We can help you find the one that's right for you.
Get more information

A Larger Down Payment Means Greater Savings

When structuring your mortgage, keep in mind this cardinal rule.
Get more information

Building Your Mortgage and Home Buying Team

Buying a home is a team effort - we can help. Find out who else can help make the home buying go smoothly.
Get more information

Finalizing Your Purchase

Ensure that the home buying process comes to a successful close by taking advantage of these resources:

Completing the Paperwork

Finalizing the paperwork is one of the last steps you take toward securing your mortgage. Arriving prepared with all the documentation you need will make the process quick and easy!
Get more information

Closing Costs

Knowing what to expect can help you prepare a more accurate budget.
Get more information

Protecting Yourself and Your New Investment

Build convenient, affordable insurance coverage right into your mortgage.
Get more information

Canada Mortgage Portal

Mortgage Alliance of Canada

Why use a mortgage broker?

What are mortgage rates at now? That depends on your individual situation.

Guides and advice on obtaining, improving and securing your credit.

Confused by different mortgage terms? BREATHE easy. The help you need is right here.

Dominion Lending Centre (Brokers Serving Western Canada, Prairies, Ontario and Maritime Provinces)

Dominion Lending Centre - Learn About Buying a Home

Getting a Mortgage Pre-Approval

Fixed Rate vs. Variable Rate

Understanding your Credit Report

Determine the Right Term

Pay Off Your Mortgage Faster

Self-Employed Solutions

Maple Leaf Mortgages (Brokers Serving Richmond Hill, Ontario)

London Life

Envision Financial

Community Savings Credit Union

Coast Capital Savings

HSBC Canada

National Bank of Canada

Citizens Bank of Canada

Citizens Bank of Canada - Mortgages

Mortgages that deliver more:

Mortgage line up

CIBC Canadian Imperial Bank of Commerce

CIBC - Buying Your First Home

BMO Bank of Montreal

Scotiabank

RBC Royal Bank

RBC - Buying Your First Home

Arranging your RBC Royal Bank mortgage is easier than you think!

Step 1: Understanding What�s Involved

Step 2: Getting Pre-Approved

Understanding Mortgage Basics

Talk to a Mortgage Specialist

Get Pre-Approved

TD Canada Trust

TD Canada Trust - Mortgages

First-time home buyer Resources

Select the step that best suits your current situation:

Considering Buying a Home

Renting vs. Home Ownership

The Home-Buying Decision

Choosing a Home That's Right for You

Find Out What You Can Afford.

Financing and Pre-approval

Find the Right Home

Making the Mortgage Decision

Choosing the Right Mortgage

A Larger Down Payment Means Greater Savings

Building Your Mortgage and Home Buying Team

Finalizing Your Purchase

Completing the Paperwork

Closing Costs

Protecting Yourself and Your New Investment