- Owner-occupied path on First Home Guide Readiness, documents, and closing steps for a Canadian primary residence purchase.
- Stress test on a home purchase How B-20 caps your approval amount and what that means for your offer strategy.
- Life after closing — first renewal What to expect at your first renewal and when to shop the retention desk.
Your Home Purchase, Our Expertise
Buying a home in Canada means navigating stress tests, insurance requirements, and dozens of lender options. We simplify the process and fight for the best rate on your behalf.
First-Time Buyer Programs
Access the Home Buyers' Plan for RRSP withdrawal up to $60,000, the FHSA for an additional $40,000 in tax-free savings, and 30-year amortization for all first-time buyers and new-build buyers.
CMHC Insured Options
Purchase with as little as 5% down using CMHC, Sagen, or Canada Guaranty mortgage insurance. We compare premiums across all three insurers.
50+ Lender Network
We don't work for one bank — we work for you. Our network includes the Big Six banks, credit unions, monoline lenders, and alternative lenders.
Competitive Rate Shopping
We negotiate rates across our entire lender network to ensure you get the most competitive rate and terms available, including features like prepayment privileges.
Pre-Approval in 24-48 Hours
Get a firm pre-approval quickly so you can shop with confidence. We lock in your rate for up to 120 days while you find the perfect home.
End-to-End Support
From pre-approval through closing day, we handle all lender paperwork, coordinate directly with your real estate lawyer and realtor, and manage timelines.
Primary Residence Mortgage Requirements
Qualifying for a Canadian primary residence mortgage involves meeting lender criteria for income, credit, and down payment. Here is what you need and how we help you through every step.
Requirements
- Minimum 5% down payment for homes under $500,000, with 10% required on the portion between $500,000 and $1,499,999
- Minimum credit score of 600 for A-lender approval, though alternative lenders can work with scores as low as 500
- Proof of stable income through T4 slips, Notice of Assessment, or employment letter confirming salary and tenure
- Gross Debt Service (GDS) ratio at or below 39% and Total Debt Service (TDS) ratio at or below 44%
- Must pass the federal mortgage stress test at the higher of your contract rate plus 2% or the Bank of Canada qualifying rate
- Valid government-issued identification and proof of Canadian residency or permanent resident status
- Property must meet lender and insurer standards — including a satisfactory appraisal and clear title search
How We Help
- We compare rates and mortgage insurance programs to minimize your total cost
- Our pre-approval process takes just 24-48 hours, giving you a clear budget before you start house hunting
- We help you access all available first-time buyer incentives including the HBP, FHSA, and provincial rebates
- If your credit score needs work, we provide a step-by-step improvement plan to qualify you for better rates
- We negotiate prepayment privileges, portability, and penalty structures so your mortgage works for you long-term
- Our team coordinates with your lawyer, realtor, and appraiser to ensure a seamless closing process
- Rate holds of up to 120 days protect you from increases while you search — and we renegotiate if rates drop
Questions About Primary Residence Mortgages
Everything you need to know about buying a home in Canada.
Down Payment & Qualification
Rates & Terms
Process & Pre-Approval
Down Payment & Qualification (Continued)
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