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Only 29% Of Canadians Found The Mortgage Process Sraight Forward
In a 2015 survey of first time home buyers by CMHC, only 29% of Canadians agreed that they found the mortgage process easy and straight forward.
Your bank or a broker will explain in depth how the mortgage process works and help you determine what works best for you. There is more to the process than just shopping for a rate. Protect yourself with an experienced specialist.
The first step when buying a home should be to arrange your financing. If you are a first time home buyer it is essential to know what you are approved for before you start looking for homes.
Seasoned home buyers should explore their options at the earliest oppurtunity as well. Brokers and banks would love to compete for your business with competive rates and products.