When you buy a home in Canada, the first thing you’ll need to do is take out a mortgage. The process of getting a mortgage is broadly similar no matter which country you’re in, but some of the details of applying for one in Canada might be a little different. This is especially true when it comes to what you need in order to qualify for a home loan.
As a new Canadian, you might find you’ll have some extra steps and hurdles to overcome, but once you know what to expect the process should become a lot easier. Let’s take a look at some tips that’ll get you off on the right foot when you begin your mortgage search. Read More