Are you ready to purchase a home?

Posted on Feb 04, 2020

Are you financially ready to own a home? Look into these 5 calculations and questions before you meet with your broker or lender.
  1. Compare how much you currently spend on expenses and debt payments with the amount you have saved or invested.
  2. How much can you afford to spend on housing each month without risking your financial health?
  3. How much do you ne...

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First time home buyers incentives 

Posted on Oct 17, 2019

 First time buyer incentive:There are a few qualifiers to apply for this incentive:
  • you need to have the minimum down payment to be eligible
  • your maximum qualifying income is no more than $120,000
  • your total borrowing is limited to 4 times the qualifying income 
If you meet these criteria, you can then apply for a 5% or 10% shared equity mortgage with t...

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