The amount required can vary depending on the mortgage program, property type, purchase price, location, and your financial circumstances. Some programs may allow a lower down payment, while others may require more.

Getting pre-approved before seriously shopping can be helpful because it gives you a better understanding of your potential price range and can make the purchasing process smoother.

Yes. First-time buyers may have access to different mortgage products or programs depending on their location and financial circumstances. We can help you understand which options may be available to you.