Posts in category: Buying a Home

How newcomers to Canada can get a mortgage: lender requirements, down payments, building credit and documents to prepare.

What to know before financing a condo in Ottawa: how condo fees affect qualifying, the status certificate, reserve funds and buyer tips.

How bridge financing works in Ontario when you buy before your home sells: requirements, costs, alternatives and questions to ask a lender.

Compare the First Home Savings Account and the RRSP Home Buyers’ Plan: limits, tax treatment, repayment and how first-time buyers can use both.

Learn how lenders calculate your maximum mortgage in Ottawa using GDS and TDS ratios and the stress test, with a worked example.

Minimum down payment rules in Canada: 5% on the first $500,000, 10% up to $1.5 million and 20% above. Examples and where the money can come from.