Turn “where do I start?”
into a next step.
Start with your goals and timing. A pre-approval conversation may help you understand borrowing possibilities, but it does not guarantee final mortgage approval.
Start my plan →✓ Your plans and what matters most
✓ Pre-approval and lender conditions
✓ What documents may be needed
✓ The whole cost of owning a home
Your first-home roadmap.
Get clear on your plans
Write down the timing, priorities and questions you want to work through.
Understand the options
Ask about the mortgage features, costs and conditions available to you.
Prepare the next step
Use a secure process for any documents a broker or lender requests.
What could your
first home cost monthly?
Includes the minimum down payment rules and mortgage default insurance for purchases with less than 20% down.
Example: an $850,000 home with 10% down at 4.29% over 25 years is roughly $4,300 a month.
The Canadian Mortgage Conversation Kit.
Organise your goals, costs and questions before your first conversation.
Less guesswork. More clarity.
What does a broker help me understand?
The mortgage options available through their brokerage and how the terms, costs and conditions relate to your plans. Ask which lenders they work with and how they are compensated.
Does pre-approval guarantee final approval?
No. A pre-approval is preliminary. The lender still needs to review the application, documents, property and any conditions.
Is the lowest rate the whole story?
Compare the term, payment structure, flexibility, fees and possible prepayment charges alongside the interest rate.
What should I bring to the first conversation?
Your goals, approximate timing and questions. Ask how any later financial documents should be sent securely.