HOME PURCHASE

Buying a home usually means taking out a mortgage. That means you borrow money to buy a home, using that home as collateral for the loan.

The amount of mortgage you can afford depends on your income, the down payment, current mortgage rates, and the amortization period you choose. Most lenders want borrowers to keep a total-debt-service-to-income ratio of 40 per cent or less, coupled with a housing-cost-to-income ratio of 32 per cent or less.

You may be able to purchase a home without a down payment or down payment as small as 5 per cent, thanks to CMHC's Insurance program.

Perhaps you require 100% financing in a single mortgage - something traditional lending institutions typically don't provide. For customers with a stable credit history and employment we can provide 100% financing.

Maybe you're self-employed, contract or commission-based, and therefore don't have a "regular" paycheque or lack the documents required by most financial institutions. There are lots of options available that let you customize your mortgage to suit your financial goals and needs.

Regardless of your specific situation, if you are purchasing new home or you would like to be pre-approved for home purchase simply complete our online application and we'll do our best to provide you with an approval in less than a day!

CLICK HERE TO APPLY ONLINE!