Think you are ready to buy a home?

12 Months before

Get your credit report and correct any error.

Deal with your debt, by paying off any outstanding student loan or any low rate debt.

Save,Save,Save. Stop eating out. Drop any item you can mange to be without.

Put your bill payment on Automatic. A single 30 day late payment can deduct 100 points from your credit score.

6 Months before

Sort out your mortgage options by consulting a Mortgage Broker.

Calculate how much house you can afford.

Research all the costs of owning a home.

Adjust your saving stategies.

3 Months before

Reduce your credit utilization.

Don't open or close any accounts.

2 Months before

Get a better idea of the mortgage rate you can expect.

Don't forget each time you have a credit check, it lowers your credit score a bit.

Get pre-approved for a mortgage with your Mortgage Broker.

Begin researching neighbourhoods and look for an Agent.

Once you have found a home and your offer is accepted.

Shop for a mortgage, arrange a home inspection and a walk through.

Get home owners insurance and calculate your closing costs.

ENJOY YOUR NEW HOME!