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2019-05-17 | 20:38:20

Home Buyers’ Plan (HBP)

The Home Buyers’ Plan is a government program that facilitates the purchase of your first home by allowing you to use part of your Registered Retirement Savings Plan (RRSP) as a tax-free, cash down payment. To help you come up with a down payment,...

2019-05-17 | 20:35:57

The pre-approval process

A Pre-Approval is when a potential Mortgage lender looks at your finances to find out the maximum amount they will lend you and what interest rate they will charge you.With a Pre-Approval, you can:know the maximum amount of a mortgage you could...

2019-05-17 | 20:33:13

Qualify for a mortgage

To qualify for a mortgage, you’ll have to prove to your lender that you can afford the amount you're asking for.Mortgage lenders or brokers will use your financial information to calculate your total monthly housing costs and total debt load to...