The Mortgage Process

The mortgage process can sometimes be an over whelming experience. These eight easy questions help guide one through the steps on how the mortgage process works.


 

Need a Mortgage?

Determining Your
Housing Requirements
   

Our in house customer liaisons can assist in many ways to determine what you need from our houses. Moreover, CMHC provides helpful information and practical worksheets to assist you in determining your precise requirements in a home and for choosing your desired location.

       
Understanding Your
Local Housing Market
   

Everything that happens in the housing market can have an impact on your home purchase. We help you track trends in mortgage rates, local housing prices and other key indicators to assist you in determining the best time to buy.

       
Calculate
Your Costs
   

Can you afford the type of home you have chosen?

       
Arranging Your
Mortgage
   

How do you get the best mortgage for you and at the best rates? Learn more about the range of mortgage options before you make your final decision.

       
CMHC Mortgage
Loan Insurance
   

Don't let a down payment come between you and your home. Find out how you could qualify to buy your home with as little as 5% down with help from CMHC.

       
Approval of
Mortgage
   

After one has answered these questions one is ready to be approved for a mortgage.