Begin Your Journey to
Homeownership here
Purchasing your first home is a major milestone—both exciting and rewarding. I’m here to support you at every step of the journey.
- Comprehensive guidance from start to finish
- Competitive rates from over 50 trusted lenders
- Tailored mortgage solutions designed for first-time buyers.
- First-Time Buyer Benefits
- The First Home Savings Account (FHSA) lets you save up to $40,000 tax-free for your first home.
- RRSP Home Buyers' Plan - withdraw up to $60,000 tax-free.
- Ready to start your journey?
- Let me guide you through every stage of the home buying process.
Ready to take the next step?
Make sure you’re financially ready before making the move to homeownership.
Checklist for First-Time Homebuyers
- financial stability
Is your income stable and reliable?
Have you been with your current employer for two years or more?
Is your credit score in good standing (typically 680 or higher)?
Have you saved at least 5% for a down payment?
- Financial Oversight
Can you comfortably cover your monthly mortgage payments?
Have you created a budget that includes all the costs of homeownership?
Do you have an emergency fund set aside for unexpected home expenses?
Is your current debt load under control and manageable?
- Lifestyle Readiness
Do you plan to remain in the same location for the next 5 years or more?
Are you prepared to invest time in maintaining your home?
Does owning a home support your current personal and financial goals?
Have you explored neighborhoods that match your lifestyle and needs?
- Not Sure About Your Readiness?
As your mortgage advisor i’m here to help you assess your readiness and guide you through every step of the preparation process. My goal is to ensure you make the right decision based on your unique needs and situation.
What You’ll Gain From Your Free Consultation ?
- Customized Mortgage Assessment
I’ll assess your unique financial situation and present mortgage solutions that fit your needs.
- Expert-Led Rate Evaluation
Discover how I can help you access better rates than traditional banks or other brokers.
- Next Steps Made Simple
Receive a clear, step-by-step plan to guide your mortgage journey.
A Guide to Homeownership Expenses
Understanding all the costs of buying and owning a home empowers you to make informed financial decisions.
upfront costs
- down payment
You’ll need a minimum of 5% of the purchase price. A 20% down payment allows you to avoid mortgage insurance.
- Closing Costs
Include legal fees, land transfer tax, and title insurance, typically ranging from 1% to 4% of the purchase price.
- Home Inspection
Expect to pay $300–$500 for a professional inspection to uncover any hidden issues before finalizing your purchase.
- Moving Expenses
Factor in the cost of a moving company, truck rental, and packing supplies to ensure a smooth transition.
Ongoing Costs
- mortgage payments
Your regular payments that cover the loan principal and interest.
- property taxes
Annual taxes paid to your municipality, either monthly through your lender or in lump sums
- home insurance
Required coverage that protects your home and belongings—mandatory for all homeowners.
- utilities and maintenance
Ongoing costs such as water, electricity, heating, and general upkeep like repairs, lawn care, and snow removal.
- Plan Ahead for Financial Clarity
Many first-time homebuyers are surprised by the full cost of owning a home. I help you build a complete, realistic budget that covers all expenses—so your dream home stays affordable well into the future.
Navigating the First-Time Buyer Process
1. Assess Your Readiness
Assess your financial health, budgeting habits, and preparedness for the responsibilities of homeownership.
2. Save for Down Payment
Start building your savings—a minimum of 5% is required. Consider using RRSPs, TFSA savings, or even family gifts to help reach your goal.
3. get pre-qualified
Understand what you can afford. Pre-qualification gives you a general estimate of your budget based on your self-reported financial details.
4. get pre approved
Submit full financial documentation to lock in your interest rate for 90–120 days and strengthen your negotiating power when making offers.
5. Find Your Home
Partner with a real estate agent to search for homes that match your needs and stay within your verified budget.
6. Final Approval
Once you’ve made an offer, finalize your mortgage. Avoid large purchases or lifestyle changes until after the deal closes.
7. closing day
Pay your down payment and closing costs, sign the legal documents, and get ready to receive the keys to your new home!
