Find your perfect mortgage!
Whether you’re a first-time home buyer or looking for a new investment property, I can help you find the best mortgage rates.
Looking to buy a house? Let me help you navigate the process!
Since 2015, I’ve been helping clients in Ontario understand and navigate the complex process of buying or refinancing a property. My services help clients secure the necessary financing for one of life’s most significant purchases.
I’m committed to easing your concerns and addressing all of your mortgage needs. I provide personalized guidance and direction regarding a variety of financing options, empowering you with the knowledge and resources you need. I love sitting down with my clients and helping them create a long term plan. Get in touch today to start making smarter choices regarding mortgages.
In my spare time you’ll find me enjoying time outdoors with my two incredible sons, scoping out the Ottawa arts and social scene, reading and being a tourist in my own town. I am a proud student of Aroha Fine Arts, member of FemCity Ottawa and a founder of the Ottawa Networking Club.
Lenders I work with
Before you start shopping around for a house it’s important you get pre-approved for a mortgage. A pre-approval makes the process easier by saving you time and helping you understand the home price you can afford.
Having a pre-approval can give you a competitive advantage by showing that you are a serious buyer and have a sound financial situation. This can give you some leverage in negotiations and give you an edge over buyers who haven’t been pre-approved.
Understanding your incentives
First-Time Homebuyer Incentive:
The First-Time Homebuyer Incentive allows qualified first-time homebuyers to finance a portion of their home purchase through a shared equity mortgage with the Government of Canada. The program offers:
- 5% or 10% for a first-time buyer’s purchase of a newly constructed home.
- 5% for a first-time buyer’s purchase of a resale (existing) home.
- 5% for a first-time buyer’s purchase of a new or resale mobile/ manufactured home.
Home Buyers’ Tax Credit:
The Home Buyers’ Tax Credit (HBTC) is a $5,000 non-refundable credit that assists first-time homebuyers with the purchase of a home. To be eligible for this credit, you must meet both of these criteria:
- You or your spouse purchased a qualifying home.
- You are a first-time homebuyer.
Home Buyers’ Plan
The Home Buyers’ Plan is a program that allows you to withdraw up to $35,000 from your registered retirement savings plans (RRSPs) to buy or build a qualifying home for yourself.
Making your down payment
Homes less than $500,000:
If you’re purchasing a home for less than $500,000, the minimum downpayment is 5%.
Homes between $500,000 – $999,999:
If the house you are purchasing is between $500,000 and $999,999 then the minimum down payment is:
- 5% on the first $500,000
- plus 10% on the remaining amount over the $500,000
For example, if the house you are interested in purchasing is listed at $650,000. You would need to pay 5% on the initial $500,000 which equals $25,000 plus 10% on the remaining $150,000 which equals $15,000. So the total downpayment would be $40,000.
Homes over $1,000,000:
If the purchase price is over $1,000,000 then the minimum downpayment is 20%.