Buying a Home

The right mortgage starts before you make an offer.

Whether it's your first home, a move-up, or a vacation property — we get you pre-approved and prepare you to move fast when you find the right place.

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Couple receiving keys to their new home

What you need to know

Pre-approval is power

A proper pre-approval — not just a rate hold — shows sellers you're serious and lets you move fast in competitive markets.

Rate isn't everything

Prepayment privileges, portability, and penalty terms matter more than you think. We explain the full picture before you commit.

The stress test applies

You'll be qualified at the higher of 5.25% or your rate + 2%. We build your pre-approval around real qualification numbers — not inflated estimates.

First-time buyer programs

First Home Savings Account, RRSP Home Buyers' Plan, and land transfer tax rebates — we make sure you use every tool available to you.

Where buyers run into trouble

Most problems in the mortgage process come from the same few places. Here's what we see most often — and how we help you avoid them.

01

Getting pre-qualified, not pre-approved

Most online tools and many bank walk-ins give you a "pre-qualification" — a ballpark based on what you say, not what lenders have verified. A real pre-approval reviews your documents and gives you a number that holds up when you make an offer.

02

Not accounting for closing costs

Land transfer tax, legal fees, home inspection, title insurance, and moving costs add up to 1.5–4% of the purchase price. Many buyers plan for the down payment but not what comes at closing. We make sure nothing surprises you.

03

Trying to time the market

Waiting for the "perfect" rate costs buyers more than a slightly higher rate ever would. Every month you wait means more rent paid and less equity built. We show you the actual math so you can make a rational decision, not an emotional one.

How we work with buyers

1
Discovery Call

We learn your financial picture, timeline, and what you're looking for — including programs you may qualify for.

2
Pre-Approval

We collect your documents and get you formally pre-approved — a real number you can shop with confidence.

3
You Find Your Home

When you find the right place, we move fast. Offer accepted → mortgage arranged. We're available when deadlines matter.

4
We Handle Closing

Lender conditions, lawyers, closing coordination — handled. You just show up for keys.

3 things buyers get wrong

These misconceptions cost people time, money, and sometimes the home they wanted. Let's clear them up.

Common Myth

"I need a 20% down payment to buy a home."

The Reality

In Canada, you can buy with as little as 5% down if the purchase price is under $500,000. CMHC mortgage insurance covers the lender — you pay a premium added to your mortgage. We'll show you exactly what each down payment level costs and what it qualifies you for.

Common Myth

"My bank will give me the best rate."

The Reality

Your bank only shows you their products. We compare 50+ lenders — including rates banks reserve for broker-submitted files that they don't post publicly. Most clients find better rates, better terms, or both when they let us shop on their behalf.

Common Myth

"I should wait until interest rates drop."

The Reality

Every month you wait is rent you're not getting back. And when rates drop, prices often rise. We help you understand the break-even math — sometimes it makes sense to wait, often it doesn't. Either way, we give you the numbers, not just an opinion.

How much home can you afford?

Enter your income, existing debts, and down payment. We stress-test at the federal qualifying rate so the number reflects what you'll actually be approved for.

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Common questions from buyers

How long does a pre-approval take?

Once we have your income documents, ID, and debt summary, most pre-approvals come back within 24–48 hours. The initial call with us takes about 30 minutes. We tell you exactly what to gather so there are no delays.

Does getting a pre-approval affect my credit score?

We do a single credit pull during pre-approval. Multiple mortgage inquiries within a short window (14–45 days) are typically treated as one inquiry by Canadian credit bureaus — so shopping lenders doesn't compound the impact.

What's the difference between pre-qualification and pre-approval?

Pre-qualification is an estimate based on self-reported numbers — no documents reviewed, no lender commitment. Pre-approval means a lender has reviewed your actual income, credit, and debt, and has committed to a mortgage amount. In a competitive market, only pre-approval carries weight with sellers.

Can I use my RRSP for a down payment as a first-time buyer?

Yes — the First Home Buyer's Plan lets first-time buyers withdraw up to $35,000 from their RRSP tax-free for a home purchase. Couples can each withdraw $35,000 for a combined $70,000. The First Home Savings Account (FHSA) is another option that allows contributions to grow tax-free. We walk every first-time buyer through all available programs.

Ready to talk? Meet our team.

Anthony Spadafora
Anthony Spadafora
Principal Broker / Owner
Carolyn Callero
Carolyn Callero
Mortgage Agent Level 2 / Owner
Demos Vasilakos
Demos Vasilakos
Mortgage Agent Level 2
Maurizio Berlingieri
Maurizio Berlingieri
Mortgage Agent Level 2
Chris Kyrou
Chris Kyrou
Mortgage Agent Level 2
Anna-Marie Plessl
Anna-Marie Plessl
Mortgage Agent Level 2, AMP
Elisabeth Martin
Elisabeth Martin
Mortgage Agent Level 2
Lindsay Doke
Lindsay Doke
Mortgage Agent Level 2
Caroline Moore
Caroline Moore
Mortgage Agent Level 2
Debbie Pereira
Debbie Pereira
Mortgage Agent Level 2
Maria Thomadakis
Maria Thomadakis
Mortgage Agent Level 2
Daniel Christoff
Daniel Christoff
Mortgage Agent Level 2
Anthony Pagliuso
Anthony Pagliuso
Mortgage Agent Level 2
Jordan Constantinou
Jordan Constantinou
Mortgage Agent Level 1
Tricia Pudifin
Tricia Pudifin
Mortgage Agent Level 2
Karolina Cavaliere
Karolina Cavaliere
Mortgage Agent Level 1
Costa Pateras
Costa Pateras
Mortgage Agent Level 1
Matthew Wagner
Matthew Wagner
Mortgage Agent Level 1
Krystle Isabella
Krystle Isabella
Mortgage Agent Level 1
Angie Ortiz
Angie Ortiz
Mortgage Agent Level 1
Anthony Spadafora
Anthony Spadafora
Principal Broker / Owner
Carolyn Callero
Carolyn Callero
Mortgage Agent Level 2 / Owner
Demos Vasilakos
Demos Vasilakos
Mortgage Agent Level 2
Maurizio Berlingieri
Maurizio Berlingieri
Mortgage Agent Level 2
Chris Kyrou
Chris Kyrou
Mortgage Agent Level 2
Anna-Marie Plessl
Anna-Marie Plessl
Mortgage Agent Level 2, AMP
Elisabeth Martin
Elisabeth Martin
Mortgage Agent Level 2
Lindsay Doke
Lindsay Doke
Mortgage Agent Level 2
Caroline Moore
Caroline Moore
Mortgage Agent Level 2
Debbie Pereira
Debbie Pereira
Mortgage Agent Level 2
Maria Thomadakis
Maria Thomadakis
Mortgage Agent Level 2
Daniel Christoff
Daniel Christoff
Mortgage Agent Level 2
Anthony Pagliuso
Anthony Pagliuso
Mortgage Agent Level 2
Jordan Constantinou
Jordan Constantinou
Mortgage Agent Level 1
Tricia Pudifin
Tricia Pudifin
Mortgage Agent Level 2
Karolina Cavaliere
Karolina Cavaliere
Mortgage Agent Level 1
Costa Pateras
Costa Pateras
Mortgage Agent Level 1
Matthew Wagner
Matthew Wagner
Mortgage Agent Level 1
Krystle Isabella
Krystle Isabella
Mortgage Agent Level 1
Angie Ortiz
Angie Ortiz
Mortgage Agent Level 1

Ready to get pre-approved?

Book a free, no-obligation Discovery Call. We'll walk you through what you qualify for and what to expect.

Book a Discovery Call