First Time Home Buyers

Welcome First Time Home Buyers!

Buying your first home can be overwhelming. Let us guide you through the process making it a simple and easy transaction. As a first-time home buyer, you probably have many questions. That’s why Capital Mortgages offers step-by-step personal assistance from knowledgeable mortgage brokers and an easy online application process.We’ll be by your side each step of the way, from helping you understand your options and what to expect, to mortgage pre-approval, and all the way through finalizing your mortgage and the purchase of your home.

To begin your pre-approval, click on the link below and complete this short form. A mortgage specialist will be in touch with you within 24 hrs to complete an application for a Capital Mortgage pre-approval.

Why Getting Pre-Approved is so Important

One of the first steps in buying your home is obtaining a pre-approved mortgage. With a pre-approved mortgage you will:

  • know how much you can afford and what your paymetns will be
  • Lock in your interest rate at today’s rate (or lower if rates drop), guaranteed for 120 days
  • Demonstrate to vendors and their agents that you are a serious buyer, which can help when negotiating your purchase

To begin your pre-approval, click on the link below and complete this short form. A mortgage specialist will be in touch with you within 24 hrs to complete an application for a Capital Mortgage pre-approval.

 

120 Day Interest Rate Protection

Protect yourself from interest rate increases. When you apply for a new RBC Royal Bank fixed rate mortgage, we’ll honour the quoted rate for up to 120 days even if rates go up during that period.

If rates go down between the date your mortgage is approved and the expiry date of the rate commitment period, you’ll automatically get the lowest rate in effect for the term you selected

Understanding Mortgage Basics