Buying FAQs

Do I need a 20% down payment?

Not always. You can buy with as little as 5% down for homes under $500,000, or 10% for homes up to $1 million.

Should I get pre-approved before looking?

Yes! It shows sellers you’re serious and helps you shop within budget.

Can I buy it if I'm self-employed or new to Canada?

Yes. There are special mortgage programs for newcomers and business owners.
Mortgage FAQs