fbpx

First Time Home Buyer

Congratulations on your decision to purchase your first home!

This is a big step and can be both exciting and overwhelming. One of the most important decisions you will make is choosing the right mortgage loan to fit your needs. This is where a Mortgage Suite comes in.

As a first time home buyer, the real estate market can be challenging and it is important to be aware of potential scams. We take pride in our transparency and make sure to keep you informed every step of the way.

At Mortgage Suite we understand the importance of clarity, and understanding on this journey. You want the best rate and that’s what we strive to achieve, but we go much further than that. Mortgage Suite believes that this is the largest investment you will ever make, and as such we make the process streamlined and easy for you.

We’ll take you through the process step-by-step and tell you the facts others won’t.

When applying for a mortgage, it’s important to be prepared by having all the necessary documentation ready. This includes proof of income, employment, and credit score. Read more about mortgage approvals factors here.

It’s also important to be aware of the mortgage stress test rules. This is a measure put in place to ensure borrowers can afford their mortgage payments even if interest rates were to rise. This means that borrowers must qualify at a higher interest rate than the rate they will actually be paying. Read more about the mortgage stress test here.

Overall, first-time home buying with Mortgage Suite can make the process less stressful and more manageable. With the right loan and lender, you can be on your way to owning your first home.

“Your first time buying a property and your first home. It’s a big deal, and that’s how we truly feel.” – Duncan Wilson

See Also: Complete First Time Home Buyers Guide 20235 Facts About Mortgage Down Payments, 8 Mind-Numbing Facts About RRSP Mortgage Down Payments, Mortgage Fraud: Types You Need To Know, Purchase Mortgage Calculator

Next Steps

Get In Touch

Get in touch with with one of our licensed mortgage professionals to review your current situation and learn about your loan options and pre-qualification process. Don't wait, call today!

Pre-Qualify Now

Don't wait any longer to find out how much you can borrow for your dream home. Just answer a few questions and our knowledgeable brokers will immediately give you a call and figure out your rate.

Payment Calculator

Use our online mortgage payment calculator now and see how different rates, terms and down payments affect your monthly payments. Take control of your finances and plan your budget today!

Face to Face Meetings

Never lose that personal connection
With our virtual meeting software, you can speak to our Mortgage Experts just like they were in the same room. They're here to answer any questions you might have.

Virtual E-Signatures

Quick, easy, efficient, and mobile-friendly
Sign all the paperwork necessary in seconds with our E-Sign process. Less time mailing, less time to closing.

Fast Pre-Qualification

Get moving on your loan, faster
We pre-qualify you based on your answers to questions about your credit, income and employment. We will suggest a pre-qualification before submitting a formal application.

Online Document Collection

Trees never hurt nobody
Save time and paper by submitting all your documents online. You can even take pictures instead of scanning them in.

Our Lenders

Lenders
0 +
With over 135 lenders to choose from, Mortgage Suite has the resources to match our clients with their best rate option. 

Simply put, more lenders mean better service and results for our clients.

Let's stay connected

Join Our Mailing List

Stay connected with expert insights, local market trends, and more valuable tips!