First-Time Home Buyers
Buying your first home should feel exciting.
Not overwhelming.
The mortgage process is confusing by design — but it does not have to be. I have been guiding first-time buyers through every step of the process for over 30 years. My job is to make sure you understand exactly what you are signing, exactly what you can afford, and exactly what your options are.
I do not rush you. I do not push you toward a product that benefits me. I take the time to explain every detail until you feel confident — because you are about to make one of the biggest financial decisions of your life.
What I help first-time buyers with
Understanding how much you can actually afford (not just what you qualify for)
Getting pre-approved and knowing what that really means
Navigating the First Home Savings Account (FHSA) and Home Buyers' Plan (HBP)
Choosing between fixed and variable rates
Understanding mortgage terms, amortization, and prepayment privileges
Knowing what questions to ask — and what to watch out for
Coordinating with your realtor and lawyer so nothing falls through the cracks
How much do I need for a down payment in Canada?
The minimum down payment in Canada is 5% for homes under $500,000. For homes between $500,000 and $999,999, it is 5% on the first $500,000 and 10% on the remainder. For homes $1 million and above, the minimum is 20%. I will walk you through exactly what this means for your situation.
What is mortgage default insurance and do I need it?
If your down payment is less than 20%, you are required to purchase mortgage default insurance (CMHC, Sagen, or Canada Guaranty). This protects the lender — not you — but it does allow you to purchase a home with a smaller down payment. The premium is added to your mortgage balance. I will explain exactly what this costs and whether it makes sense for your situation.
What is the difference between pre-qualification and pre-approval?
Pre-qualification is an estimate based on information you provide. Pre-approval is a formal process where a lender reviews your actual financial documents and commits to a rate for a set period (usually 90–120 days). In a competitive market, a pre-approval is essential. I will get you a real pre-approval, not just an estimate.
Should I choose a fixed or variable rate mortgage?
There is no universal answer — it depends on your financial situation, your risk tolerance, and the current rate environment. I will walk you through both options with real numbers so you can make an informed decision that you feel comfortable with.
Ready to get started?
No obligation, no pressure — just a direct conversation.
Book a First-Time Buyer Consultation