First Time Homebuyers

Should you get a pre-approved mortgage?

Definitely. Obtaining a mortgage pre-approval is an important initial step in securing a mortgage to buy a home. The lenders will analyze your current income, debt situation and credit history in order to qualify you for a maximum loan amount. This will give you a clear picture of your financial parameters and an idea of your purchase price range. More importantly, with a pre-approval, we can hold your interest rate for upto 120 days. So, if rates go up from now until you buy a property, you are protected.

What is the minimum amount of money needed to buy real estate ?

In most situations, you only require 5% of the purchase price as your down payment. In some instances, you may qualify to purchase a home with no money down! We are committed to providing our customers with the creative resources in order to obtain the financing they desire.

100% Financing Now Available

You can now borrow the full amount of the purchase price of the property you want to buy. And what's better you get to choose any fixed or variable rate mortgage product at discounted rates. Please contact us to obtain more information on 100% financing.


How can a Cash back Mortgage assist a first time homebuyer?
Institutions have developed a product called the "Cash back Mortgage" so a buyer with the down payment but no cash to cover closing costs can still purchase a home. As long as you have the minimum down payment required, institutions are now giving you a cash reward to assist you in paying for your closing costs. You can also use this money to purchase furniture or appliances.