We make home
ownership happen.
A great mortgage rate for first time home buyers.
We’re here to help you fulfill your home ownership goals.
Whether you are buying your first home, or renewing an existing insured mortgage, we can help make it happen.
Count on us for helpful advice at every step of your home purchase - giving you the confidence that your mortgage is ideal for you.
Fixed rate
A fixed rate gives you peace of mind with a set interest rate and set regular payments
Get pre-approved
Give us a call for a quick pre-approval. Your pre-approved rate is guaranteed for 90 days to help you find the perfect home
Flexibility
Prepayment flexibility - pay off an additional 30% of the original principal balance every year - without penalty
We’re here to help you buy your first home.
Buying a new home is a big commitment and our mortgage specialist are here to help. We can help take the stress away by providing options and guidance during your entire home buying experience.
How to apply
We can help make it happen, apply now for our 1.89%* mortgage.
Start the pre-approval application
Apply in branch, or by calling 604-637-5188
Have a mortgage specialist call you.
Mortgage Calculator
Use our mortgage calculator to compare your options and find the payment amount that best suits your needs.
First time home buyer guide
What is an insured mortgage?
A mortgage needs to be insured when a borrower does not have the 20% down payment (high-ratio) needed for a conventional mortgage. Home ownership can still be possible because you may be able to buy a home for as little as 5% down if you also buy mortgage default insurance.
Additional approval criteria for an insured mortgage includes all of the following:
- Residential owner-occupied homes
- Home with a purchase price of less than $1 million
- Up to 25-year amortization
First time home buyer incentives
First time home buyers can qualify for exemption from paying the property transfer tax if the purchase price of the home is less than $500,000.
To help with your purchase, you could also withdraw up to $35,000 from your RRSP (tax-free) as long as you repay it over the next 15 years.
*All applicants must meet Community Savings lending criteria. The annual percentage rate (APR) compounds semi-annually, not in advance. The APR is for a mortgage of $100,000 with monthly payments and a 25 year amortization. APR assumes no fees apply. You may be required to pay additional fees which would increase your APR. Rate is subject to change or may be withdrawn without notice at any time. Additional terms and conditions apply.
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