STEP 1: Get a True Pre-approval
Home purchasing doesn’t just start with “H”, it starts with a mortgage pre-approval! In all seriousness, when you first decide you want to purchase a home, it is wise to get a pre-approved mortgage.
Our true pre-approval process will tell you how much of a mortgage you qualify for, ensuring you are looking at homes in your price range. At Cornerstone, we can get you pre-approved in 24 hours, ensuring you only have to worry about the fun stuff - searching for your dream home!
STEP 2: Select a Realtor
Buying a home is one of the most important financial decisions you’ll make in your life, so choosing the right real estate agent can make or break your home buying experience.
We strongly recommend working with a licensed Real Estate professional to get the best advice and service when purchasing a home. A Real Estate Agent is there to represent you during the homebuying process, assessing the value or red flags of a home, putting in an offer or negotiating, facilitating paperwork for purchasing offers, etc. Need a referral? We know some pretty great realtors, and would be happy to introduce you!
STEP 3: Make an Offer
STEP 4: Completed and Accepted Offer to Purchase
STEP 5: Sale & Signing
Congrats! After 5 easy steps, you are now a homeowner! Now go get that classic “We Bought a Home” picture you’ve always dreamed of!
Added incentives for purchasing your first home.
If you're considering buying a home for the first time, you should also consider the programs, plans and incentives that are available to you and whether you qualify for these as a first-time homebuyer.
An investment arrangement available to Canadian residents aged 18 or older, that gives first-time home buyers a tax advantage option to save for a down payment.
Mortgage products to suit your needs.
Calculate Your Savings
What to bring to your appointment
- If you're new to Cornerstone - one piece of photo - government issued identification
- Three recent paystubs or T4s; and one current paystub
- Three years personal income tax
- Offer to purchase