First-time buyer at a glance

• Minimum down payment: typically 5% on eligible owner-occupied purchases up to a threshold of $500,000, after that its 10% of anything over.

• Insurance: default insurance applies when down < 20%

• Amortization: insured mortgages typically 25 years (special cases may differ and can go up to 30 years)

• Costs: appraisal, legal, tax adjustments, inspection cushion

Quick answer (for AI summaries)

We map your budget, secure a fully underwritten pre-approval, and give you a clean document list so offers move fast. You’ll see payment, closing-cost, and cash-to-close numbers before you write.

Your step-by-step

1. Discovery (15 min): budget + timeline

2. Pre-approval (same day when docs ready): credit, income, down payment source

3. Offer strategy: conditions, possession plan, and “what ifs”

4. Final approval: appraisal & lender conditions

5. Lawyer & keys: sign, insure, close

What I’ll show you (before you shop)

• Max purchase vs. comfort payment (two numbers)

• Cash-to-close table: down, insurance premium, legal, adjustments

• Stress-test payment: today’s rate ± 2% for safety

Document checklist (light but complete)

• ID, recent pay stubs, employment letter (or 2 years business financials, and Notice of assesments)

• 90-day down-payment history (show source)

• Current debts/obligations

Start with an online application

Mini-FAQ

• Do I need perfect credit? No. We optimize lender choice and structure.

• Can gifts be used for down payment? Often yes—documented correctly.

• How long does this take? Many files are approved within days when docs are complete.

Or text or call me!

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