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Buying October 15, 2024 5 min read

The Ultimate First-Time Home Buyer Checklist for Canadians

Everything you need to know before you start house hunting in Ontario, from pre-approval to closing costs.

EverLend Team
Mortgage Expert

Getting Started

Buying your first home is exciting, but it can also be overwhelming. Here is a step-by-step checklist to guide you.

1. Get Pre-Approved

Before you look at homes, know your budget. A pre-approval locks in your rate and shows sellers you are serious.

2. Save for Down Payment & Closing Costs

Remember, you need at least 5% down for homes under $500k. Don't forget closing costs like land transfer tax and legal fees.

3. Find a Realtor

A good agent can save you time and money. We can recommend trusted partners.

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