First-time home buyer's hub


Buying your first home is a big step—and an exciting one. If you’re a first-time home buyer, you’ll have lots of questions about whether to buy, what you can afford, which type of mortgage to choose, and more.

Should you rent or buy?

Can’t decide whether to continue renting or become a home owner? See some of the pros and cons for renting and home ownership.

How much can you afford?

It’s not always easy to know how much you can afford to pay for your first home. We’ll help you understand your financial position.

Build your down payment

If you need to save for your down payment, we can help you reach your goal faster.

Explore your mortgage options

Vancity offers a range of first-time home buyer mortgage options, including a mortgage that gives you cash back for renovations or anything you choose.

Get ready to apply

Find out what’s involved in the mortgage application process, see a list of the documents you’ll need to provide, and choose to apply online or in person.

Apply online

Ready to apply for a first-time home buyer’s mortgage now? Fill out your application online.

Are you new to Canada?

If you are new to Canada, you’ll need to take some extra steps to become a home owner in this country. Find out what you need to know.

Your new home

Congratulations! You bought your new home. In all the excitement, it’s easy to forget the details. But we have you covered with this new home owner checklist.

 

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Meet with a mobile mortgage specialist

Our specialists will travel to meet you at your home, office, or any other convenient location.