Handling a first-time home buyer mortgage is challenging for most home buyers. The lengthy paperwork, financial terms, and math quickly get to your head and become confusing. Arming yourself with adequate knowledge makes it easier to understand the first-time home buyer process. If you think you’re ready to apply for a first-time home buyer mortgage in the Ontario Area, Contact me with your needs!

Pre-approval confirms the first-time home buyer mortgage you qualify for. Your mortgage broker reviews your application and evaluates your finances including your credit.

Before getting your first-time home buyer mortgage, you will need to go through a prequalification process. Mortgage brokers check your creditworthiness, income, debts, and assets to calculate how much you will be approved for.