Buying for the first time
Start with what you can comfortably carry, not only what you might qualify to borrow. Ask about down payments, closing costs and how an assessment works.
More than a set of keys
Picture the home. Plan for the life around it.
The right home has to work beyond moving day. Before making a commitment, think about the monthly budget, the unexpected repairs and the things you still want room to enjoy.
Talk about your home plansWhere are you in the journey?
Moving to a different home
Consider the timing of the sale and purchase, the terms on your current mortgage and any costs of changing it before its term ends.
Approaching renewal
Give yourself time to compare rates, payment flexibility and term lengths. Ask what happens if your plans change during the next term.
Build the whole budget
The mortgage payment is only the beginning.
Leave space for the costs that make a house a home. Local taxes, insurance, utilities, maintenance and any condominium fees all belong in the same calculation.
Plan your savings contribution →Bring these questions along.
- How are the rate, mortgage term and amortisation different?
- What could change my payment over time?
- What are the conditions for extra payments or ending the term early?
- Which costs are due before and at closing?
Prepare one step at a time.
Sketch your budget
List income, existing commitments and savings available for the purchase. Keep a reserve for unexpected costs.
Gather the details
Ask which income, identification and property documents are needed, and how to send them securely.
Read before deciding
Review the written terms. A preliminary discussion or assessment is not a final lending commitment.
Your next step
You can ask before you have found the home.
Tell us whether you are buying, moving or reviewing your next term. That is enough to start the conversation.
Mortgage availability and approval depend on eligibility, credit assessment, property details and applicable lending terms.