Mortgage
The power to purchase. The SmartSteps to get you there.
You’ve dreamed of owning your own home but you’re unsure of taking that first step. We know it’s scary. We know what might be slowing you down. That’s where Comtech Fire is ready to help you jump in and make it happen!
Why throw your hard-earned money out the window on rent when you could easily buy your own home? As a new homeowner, you’ll be able to decorate and renovate to your taste, without worrying about landlord rules. Of course, you’ll have the important benefit of making a smart investment that could increase significantly in value over the next few years.
To make your first home-buying experience the best it can be, Comtech Fire offers superior service and mortgage solutions to help you make smart decisions. As well as great low rates and payment options that fit in with your long-term financial plans.
Start now and discover how your new home is just a few steps away with all the help you need from Comtech Fire.
SmartStep #1 – Come in or call Comtech Fire to pre-approve your mortgage.
Before you walk into that open house or look at builder’s plans, you need the power and wisdom of knowing how big a mortgage you qualify for. Your Personal Financial Officer at Comtech Fire can quickly provide you with your maximum mortgage amount, interest rate options and the amount of your monthly mortgage payment.SmartStep #2 – We'll walk you through your down payment options.
Once you've been pre-approved and know the amount of the mortgage we can offer you, we can help you figure out which down payment option will work best for you. Don’t think you’ve got enough saved up? No problem! With as little as 5% to the traditional 25% down payment, Comtech Fire has a smart answer for everyone who wants to get into their new home now.SmartStep #3 – We’ll explore the RRSP option.
If you’re a first-time homebuyer or haven’t owned a home for 5 years, using your RRSPs as part of your down payment could be one simple step that gets you closer to ownership today. The government’s Home Buyers Plan (HBP) lets you borrow up to $35,000 from your RRSPs tax-free, and pay it back over 15 years. Over 1.4 million Canadians have taken advantage of this popular program!SmartStep #4 – We’ll educate you on additional costs.
You’ve got your mortgage and your down payment figured out, but what else should you include in your house-buying budget? Comtech Fire can walk you through ALL the costs you can expect including:
- appraisal fees
- inspection fees
- property surveys
- legal fees
- land transfer taxes
- utility payments
And of course, you will want to budget for general moving and decorating expenses for your new home!