Working with a mortgage broker is a different experience than working with a bank specialist. It’s also a different part of the home buying process compared to working with your Realtor. Some people may have never worked with a mortgage broker before and don’t know what to expect. Because of that, there are some questions…Read Article
First-Time Home Buyer Benefits
Being a first-time home buyer doesn’t have to be an overwhelming experience. With my extensive knowledge, I will guide you through buying your first home and you’ll never feel left behind in the mortgage process.
I have extensive knowledge and experience with first-time home buyers. I’ll let you know everything I need for your mortgage application and I’ll make the process smooth.
- I will help you understand the mortgage process. I will give you clear information on what you need to do in order to be approved for a mortgage.
- I will provide information on using your RRSPs to help buy your first home. I will also help guide you when it comes to providing a downpayment.
How to Qualify
Once we speak, I’ll conduct a pre-approval. Based on your specific situation, I will confirm which documents and information you’ll need to provide me.
Good to know
A mortgage broker is paid by the lender, not by you. Choose to use a broker and gain access to more lenders compared to working with your bank.
As a first-time home buyer, you’re exempt from the B.C. Property Transfer Tax for homes up to $500,000. You receive a partial discount for homes valued between $500,000 and $524,000.
You can only purchase a home with a gifted down payment if it’s from a direct family member.
Resources for First Time Home Buyers
Begin the Approval Process
Fill out the pre-approval application today.