Buying a first home: 7 steps to follow
What’s your project?
First-time home owners
Benefit from our turnkey services to purchase your first home.
Secondary property
Cottage by a lake? Ski-in ski-out condo? Simplify the purchase of your new property.
Mortgage renewal
Review your finances and pay off your mortgage faster.
Special offers on certain terms
Find the mortgage that’s right for you
Rate (%) as of ${p1.tauxDateJour|date:"-"}
A first step towards buying
Pre-approval
Make a serious offer and protect your interest rate by getting a pre-approval.
- Guarantees your borrowing capacity and indicates the price range of properties that are within your means
- Does not commit you to taking out a loan
- Protects you from an interest rate increase for 90 days
- Shows sellers and real estate brokers the seriousness of the steps you’re taking
Why choose National Bank?
Cashback
Having your mortgage with National Bank means you could benefit from up to $3,000 cashback.
The cashback offer is valid until October 31, 2022.
Personalized service
Our mortgage advisors are there to give you advice tailored to your needs.
Accelerated payments
Pay off your mortgage faster with flexible payments or by using your credit card points.
Do your calculations
How much can you borrow?
Estimate the mortgage amount you could get.
Calculate your monthly payments
Figure out how much you could repay each month based on your budget.
Rent or buy?
Find out if it's more profitable for you to buy or rent.
All your needs under one roof
Get your project off to a good start
Ready to get the process started?
Make a serious offer and protect your interest rate by getting a pre-approval.
Ask us your questions
Make an appointment with a mortgage advisor to discuss your project, no matter how far along you are in the process.
Little details that matter
Find an advisor
If you have any questions about buying a home, contact a mortgage advisor.
*Refers to standard rate.
** Based on a mortgage loan of $300,000:
- With a 5-year closed term at a fixed rate
- A 25-year amortization
- An administration fee of $5.00 per month
- An appraisal fee of $330.00. The appraisal fee is subject to change and may not be required as part of the appraisal process for your mortgage application.
*** The variation is subject to change without notice.
1. Rates may differ if amortization is more than 25 years.
2. APR as of ${p1.tauxDateJour|date:"-"}. APR means "Annual Percentage Rate" and represents the total interest and fees charged by the Bank, expressed as an annual percentage.
3. Certain restrictions apply.
4. The special offer on the variable rate is the base rate - spread (%), and is updated monthly. The offer cannot be combined or stacked with any other offer, promotion or benefit applicable to National Bank mortgages and is not retroactive.
"Base Rate" means the annual interest rate that the Bank publicly announces from time to time as the reference rate used to establish the interest rate on Canadian dollar loans made by the Bank in Canada.