Category: First-time buyers

Title insurance is not generally mandatory in Ontario, but a lender may require a policy. Check who is insured, what is covered and the closing cost.

Buying a resale condo in Ontario? See what the status certificate covers and why legal review and mortgage approval follow separate tracks.

Mortgage approval still pending before your Ontario financing condition expires? Learn what to ask your lender and when to involve your agent and lawyer.

A home appraisal below your Ontario offer price can change the mortgage. See a cash-gap example and practical steps before your financing deadline.

Is a home deposit extra cash? Learn how an Ontario purchase deposit relates to your down payment, when each is due, and what to check before an offer.

Using a family gift for a down payment in Canada? Learn who may give it, what a gift letter should say, and how to document the transfer.

Prepare your mortgage documents in Canada: income records, down-payment proof, debts and property details, with practical tips for a complete application.

Eligible first-time buyers can combine an FHSA qualifying withdrawal with the Home Buyers’ Plan. Here is how the limits, tax treatment and 2026 repayment rules differ.

A mortgage pre-approval is not final approval. Here is what lenders still check after an accepted offer, what can change, and how buyers can protect their closing.