First Time Buyers: Are you thinking of Buying a House in the Near Future and Do not know what you will need to Buy your biggest Investment:

Here is what you will need to make a purchase:
 
1. 5.0% Downpayment
2. 1.5% Closing costs
3. Mortgage Pre-Approval


To get Mortgage Pre-approval from Bank; you need to keep the Following documents ready:

1. Employment Letter
2. Your Latest Pay Stubs
3. ORIGINAL COPIES OF YOUR NOTICE OF ASSESSMENT FORM REVENUE CANADA
4. T4 SLIPS
5. CREDIT SCORE: Maintain an excellent Credit Score because it helps you get better Mortgage Rates and borrowing money for future investments or purchases


If you are new to Canada; please ask your bank for a Visa Card and make purchases and pay back. It is better that anyone who will be on the Title of the Property should get a Visa and make payments a week before the due date. Build your credit faster and maintain it.

For further information; you can also call me at 416-996-5834 for a step-by-step help.
You can also visit Canadian Mortgage And Housing Corporation's website for more information https://www.cmhc.ca/





 
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