Mortgage Help for First Time Home Buyers in Canada

First Time Home Buyer

Our first-time home buyer guide has everything we wish we would of known before buying our first home.

First Time Home Buyer Guide

Getting a mortgage and buying a home can seem like overwhelming tasks, especially if you are a first-time home buyer. We understand completely...

Co-Signer for Mortgage

As part of our commitment to providing you with the best information on mortgages in Canada, we have developed this guide to understanding the role...

Self Employed Mortgage

Being self-employed offers many benefits and challenges, particularly when it comes to buying a home. With a self-employed mortgage, however, you can...

Fixed vs. Variable Mortgage Rates

Perhaps the most important decision you have to make when it comes to borrowing money for a home involves whether you will sign for a variable or...

Mortgage Term vs. Amortization Period

Understanding home mortgages in Canada is impossible without a basic grasp on your mortgage term vs. amortization. This is the best online guide to...

Mortgage Process

Understand the mortgage process and your options. Learn what is required to apply for a mortgage.

Offer To Purchase

After reading several of our mortgage guides and thinking about the home buying process, you may be asking yourself this question: How do I offer to...

Mortgage Pre Approval

One of the most important parts of the home buying process is the mortgage pre-approval phase. Lenders like to pre-approve mortgage borrowers before...

Mortgage Documents

Some people describe the mortgage loan closing process as “signing your life away” because of all the documents you must sign. In addition to all...

Mortgage Broker vs. Bank

When shopping for a home in Canada, one of the main decisions you will be making is whether you will apply for a loan through a mortgage broker or...

Mortgage Prepayment

Each year, about one-fourth of Canadians who have a mortgage take advantage of mortgage prepayment options. What is a mortgage prepayment? Basically,...

Closing Costs & Tax Credits

Find out the various costs involved with purchasing a home and see if your eligible for any tax credits.

First Time Home Buyer Tax Credit

When you are considering the purchase of a home, you can by no means forget the first-time home buyer tax credit. This tax credit in Canada is...

Land Transfer Tax

Taxes are a part of life, and there is hardly any transaction or area of life where you can escape them. This is true even when you buy a home in...

Mortgage Closing Costs

If you have spent any time at all considering a home purchase, you probably know that you have to pay closing costs when you sign for your mortgage....

Mortgage Calculators

Calculate your monthly mortgage payments by testing various down payment and amortization scenarios.

CMHC Mortgage Calculator

If you know anything about the Canadian mortgage market, you have likely heard of CMHC mortgage insurance for those with a down payment of less than...

Land Transfer Tax Calculator

Taxes are one of the givens of life, and in Canada, the Land Transfer Tax is levied on the purchase of real estate. We are the best site online to...

Mortgage Affordability Calculator

Mortgage affordability is a major concern for Canadians, as citizens of the country want to know how much of a loan they can afford and whether their...

Mortgage Payment Calculator

There are many factors that go into establishing a mortgage payment, so knowing how to calculate mortgage payment is key if you want a good idea of...

Should I Fix it Myself or Hire a Professional?

March 20, 2016 | No comments

News flash: it’s expensive to buy a home in a big city. The average price of a detached home is over $1 million in Toronto and Vancouver. Skyrocketing real estate prices has prospective homeowners looking at creative...

Canada’s Real Estate Future

March 13, 2016 | No comments

With the household debt-to-income ratio near a record high, there’s been a lot of speculation about the future of Canada’s real estate market. Although we don’t have a crystal ball, that hasn’t stopped...

4 Questions You Have to Ask Before Buying a House

March 7, 2016 | No comments

Before you can call a house, home, sweet home, it’s important to do your homework. For most families a home is the single largest financial transaction of their lifetime. Home buying mistakes are best to be avoided,...

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