Local Banks and Mortgage Brokers
The first step to owining your own home is to get pre-approved. This can save you hours of searching for homes in the wrong price range or worse-falling in love with a home only to find out you dont qualify for the finincing. Below are some choices that will help point you in the right direction.
There are generally two ways to get a motgage in Canada – From a bank, or from a licensed mortgage professional. A bank only offers the products from thier institution. Licensed mortgage professionals offer clients access to different mortgage products. Make sure you shop around to get the best possible mortgage rates.