Buying
First-time home buyers mortgages with Team Active Mortgage
Your first purchase comes with a lot of new vocabulary — pre-approval, amortization, stress test, closing costs. Our brokers walk you through each step in plain language and shop multiple lenders so you can make an offer with confidence.
Who this is for
- Buyers who have never owned a home
- Couples combining incomes for the first time
- Renters who want to know what they can realistically afford
How our brokers help
- Review your income, savings and credit to set a realistic budget
- Arrange a pre-approval so you know your price range before you shop
- Explain first-time buyer programs and incentives you may qualify for
- Compare lender options and walk you through the paperwork to closing
Common questions
How much down payment do I need?
In Canada the minimum depends on the purchase price. Use our calculator for an estimate, and a broker will confirm what applies to you.
Does a pre-approval guarantee my mortgage?
No. A pre-approval sets a budget and can hold a rate for a period, but final approval depends on the property and your documents at the time of purchase.
Does using a broker cost me anything?
For most residential mortgages the lender pays the broker. If a fee ever applies to your file, your broker will tell you in writing before you proceed.
Related services
Ready to talk it through?
Book a no-obligation call or start a short pre-application.