Become a Home Owner
First Time Home Buyer
A first time home buyer’s mortgage journey does not need to be stressful. To start, here are the typical steps you would go through to get your first mortgage:
1. Pre-Approval (Link)
Key first step that tells you how much you qualify for & locks in an interest rate for you
2. Finalize a home
You work with a realtor to find a home and put in a conditional offer with an initial deposit
3. Full Approval
With the home finalized, we work with our lender partners to get you a full approval for your mortgage
4. Down payment & Insurance
We guide you in satisfying the conditions of the full approval - down payment, insurance/appraisal etc.
5. Completing All Paperwork
Next, we complete all the paperwork needed which varies by mortgage type and lender
6. Lawyer
Your lawyer reviews all documents, receives and pays out the money and registers your home in your name
Planning for your first home purchase
Read more about how you can go about planning for your first home purchase, right from what kind of a home should you consider to how you can go about planning to finance it.
Monthly expenses
Suggestions on how should go about structuring your overall monthly expenses so that your pre-approval and later you firm mortgage approval go through with virtually any lender, seamlessly.
How we can help you
Your first home buying journey can be an overwhelming experience. That’s why we work closely with you at every step of the way – from pre-approval, to negotiating with lenders, getting best rates and helping with all paperwork
Ensuring you get professional advice is the best place to get started
Beyond just the usual steps a mortgage agent performs in getting you a mortgage we can also help you with
- Explaining govt incentives available to you
- Closing and moving costs and how to plan for them
- Understanding home ownership costs that go beyond just your mortgage payments
- If you need, we can help in getting your real estate professionals team consisting of a realtor, lawyer and home inspector in place
Get in touch with us
Feel free to reach out and ask questions
We’re happy to answer any questions you might have. Please reach out using the form here, or using any of the options below.
- 647-779-1901 (Please text using SMS/Whatsapp for faster responses)
- Click here to schedule a free mortgage consultation
- ron@ronmortgages.com
- Working hours: Mon - Sat: 8:00am - 8:00pm
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Our Blog
Blog Posts
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