Quick Tips:

• Your Credit Score
  
• Interest Rates
  
• Pre-approvals are not guarantees
  
• Tell the whole story
  
• Allow sufficient time on your offer
  
• Provide timely and accurate documentation
  
• The Property has to qualify too
  
• Plan Early for Closing Costs
• First Time Buyer Government Programs
  

Mortgage Loan Insurance Providers:

These three institutions provide insurance to the banks on your high-ratio mortgage (and sometimes other types of mortgages, and you usually pay the premium.

Lenders must ensure they comply with the guidelines for lending provided by one or more of these institutions.  There are some great tips, calculators and guidelines on these websites:

1. CMHC -Canada Mortgage and Housing Corporation: http://www.cmhc.ca
   
2. Genworth: http://www.genworth.ca
   
3. Canada Guaranty: http://www.canadaguaranty.ca
   

Engaged or Moving-In together?  Here are some quick tips. Click here.