Skip to main content
First-Time Home Buyer

Buying your first home doesn't start with a rate

It's about preparation, strategy, and execution.

Your journey starts here
1 of 4

What the Numbers Might Look Like

Get a rough sense of what's realistic—before committing to anything.

2 of 4

What Needs to Be in Place

Your down payment, costs, timing, and documentation all need to be in place.

1
Down Payment
Minimum 5% for homes under $500K. 10% on the portion above $500K. 20% on homes over $1.5M.
2
Closing Costs
Typically 1.5%–4% of the purchase price. Includes legal fees, land transfer tax, and adjustments.
3
Deposit
Provided when your offer is accepted. Held in trust and applied toward your down payment at closing.
4
Documentation
Income verification, proof of assets, and a summary of existing liabilities. Having this ready keeps things moving.
3 of 4

Shaping Your Path Forward

Your income, credit, and down payment—aligned to your goals.

1
Align to Your Goals
Whether you prioritize payment size, flexibility, or long-term structure, your strategy should reflect where you want to be.
2
Structure the Application
Your credit profile, income, and debts are presented in a way that gives you the strongest position with lenders.
3
Confirm Your Approach
Understanding the difference between a pre-qualification and a pre-approval—and when each one matters.
4 of 4

From Offer to Keys

Every step between your accepted offer and getting the keys.

1
Search & Secure
With your plan in place, you can search confidently and make offers knowing exactly where you stand.
2
Conditional Approval
Once you have an accepted offer, the lender reviews the property and your updated financials. Conditions are set and worked through.
3
Final Approval
All conditions are met. The lender confirms the mortgage and you’re cleared to close.
4
Closing
Your lawyer handles the final paperwork, funds are transferred, and you get the keys.

Ready to Move Forward?

We’ll walk through your situation and map out a clear plan—so you know exactly what to do next.

No obligation. No credit check required to start.

Common Mistakes to Avoid

Focusing only on getting the lowest rate instead of the overall mortgage structure

Assuming a pre-approval means you’re fully approved—it’s a starting point, not a guarantee

Not budgeting for closing costs, which can add thousands beyond the down payment

Making large purchases or changing jobs during the approval process without understanding the impact

Draining your savings to maximize the down payment—leaving nothing for emergencies or moving costs

Waiting too long to get advice—starting early gives you more time and more options

First-Time Home Buyer — FAQs

Not Sure Where to Start?

That's completely normal. Whether you're early in the process or already looking at properties, a quick conversation can bring clarity to your next step.