How Buying a Home Works

How Buying a Home Works
Buying a Home  
  1. Figure out what you can afford. ...
  2. Save for your down payment (if applicable). ... 5% down for qualifying first time home Buyers (CMHC first-time home Buyers' incentive).
  3. Understand your mortgage and all grants, & rebates available to you...
  4. Get a mortgage pre-approval. ...
  5. Find a real estate agent. ...
  6. Start your home search! ...
  7. Understand your eligibility to purchase.

PLEASE reach out for more detailed information on best practices for getting started!


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