Mortgage and purchase process
Learning more about the mortgage and purchase process before deciding on a lender can help you find a mortgage that’s better suited towards your needs. To save some time and help make the process of getting a mortgage smoother, you can get pre-approved for a mortgage. Moreover, home inspections can save you from unexpected and potentially costly surprises. On the pages below, find information on how to make a deposit on a home, submit your mortgage application, and choose the right mortgage provider.
While a mortgage from your existing bank will provide the benefit of managing all your financial services through one provider, a mortgage broker will walk you through the entire mortgage process and negotiate with multiple lenders on your behalf. Use our mortgage and purchase process guide below to learn more.
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Pre-approval
A mortgage pre-approval shows you, the homebuyer, what value of home you can afford, and the mortgage payments...
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Home Inspection
When you start shopping around for a home, it’s easy to get caught up in the excitement of it all – especially when you find your “dream home”...
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Deposit
When your offer on a home or condo is accepted, you might be surprised when your real estate agent asks you to include a...
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Mortgage Approval Process
Getting approved for a mortgage could be the most important step in the home buying process. If you weren’t already pre-approved...
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Choosing a Provider
There are several options to consider when choosing a mortgage provider: you can obtain your mortgage from a bank, which was the traditional...