The decision to leave what you know behind, move to another country, and start a new life is a big step. But, that’s just the beginning. As a newcomer to Canada, you’re ready to take on what I consider the next (and most exciting) step, which is finding a home.
There are many resources out there on the home buying process, but if you’re new, you might not know how things work or where to get the right information. If you want practical and objective information to help you make an informed decision when it comes to buying a home, I recommend going straight to the source, the Canada Mortgage and Housing Corporation (CMHC).
Meet CMHC – Canada Mortgage and Housing Corporation
The CMHC is the Government of Canada’s national housing agency. Its goal is to provide Canadians with information and tools to help them make informed housing decisions. When you feel overwhelmed or don’t know where to start, you can check out their New to Canada Program online athttps://www.cmhc-schl.gc.ca/newcomers/index.html.
On this easy-to-navigate website, you’ll find all the information you need to take the next step towards buying a home. For example, in the Buying a Home section is the “Buying Your First Home in Canada” guide. This is an extremely useful PDF document that walks you through the entire process of buying a home (including how to finance it). You can also use the Homebuyers’ Checklist to figure out what you want in a home so you can save time when you begin the actual search for your home.
In addition to offering resourceful guides, fact sheets, and housing statistics, the site also provides links to information that will help you get settled in, important tips on financing and how it works, videos covering different stages in the home buying process, and related products that will help you purchase your home more easily. On top of all this, the site is available in eight different languages.
Mortgage Brokers are here to help
Your decision to make Canada your new home provides you with many great opportunities, including the chance to buy a home that you can call your own. To help you further with this major undertaking are mortgage brokers. Mortgage brokers are experts who work on your behalf to secure you a mortgage with financial institutions at the best rate possible.
Many Canadians enlist the services of mortgage brokers because they have relationships with a wide range of lenders, extensive knowledge about mortgages, and access to information and resources that can affect financing. If you would like to learn more about these services or about mortgages in general, feel free to contact me toll-free at 1.866.902.7771 or go tobrokersforlife.ca. Welcome to Canada and the start of your new life!