As a mortgage broker Toronto, we’ve got over 40 years of experience. That means that we can help you get the best mortgage rates. However, that doesn’t scratch the surface of our complete services.
We take our job seriously and want you to have all the information you need. After all, buying a home has lots of different moving parts. Read on to find out what they are.
Here are just a few
- Looking for a brand-new house? You’ll need to pay HST or GST. This is where you’ll need to sort through the builders. Some will include HST in a sale price, but others don’t. If you get stuck with this part of the bill, you’ll need to come up with the money on closing day.
- There might even be adjustment costs. If the person you are buying the home from has paid property tax after they’ve sold, you’ll need to even that amount out. Usually, you can give them a credit on the closing date.
- The best mortgage rates can help you put a little money aside for other costs like land registration. This is called the land transfer tax or a property purchases tax. Basically, it’s the money you pay to register the title of your property.
There are a few conditions you need to make to get a mortgage. Home insurance is one of them. Like the name suggests, a good policy can protect you and the contents of your home if there’s damage, loss or even theft.
A High Level Overview
That’s a high-level overview about buying your home. We look after the best mortgage rates. Keep in mind our residential team has the experience and dedication to help you through the whole process. Get in touch today. We are always glad to help you get the keys to your next home.
