Articles for first-time buyers

Never purchased a home before? Worried about getting approved for a mortgage? Wondering how to dot the i's and cross the t's? The answers are here. 

family playing around a box

How to successfully move

April 13 2018 | by Multi-Prêts Hypothèques For some, it’s practically an annual tradition. For others, it’s a painful task to be avoided at all costs. No matter which camp you fall into, here are a few tips and tricks for a successful move.
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What is a mortgage loan insurance?

February 22 2018 | by Multi-Prêts Hypothèques A wise choice to face life’s hazards
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Buying your first property: A journey into the unknown

February 15 2018 | by Denis Doucet The offer has been accepted? Great! Now's the time to investigate and ensure that you're getting the deal you think you are. There are two aspects: inspection and verification.
couple moving into their home

Using RRSPs to buy your first home through the HBP

January 25 2018 | by Multi-Prêts Hypothèques The concept is genius and packs a real punch: borrowing your own money to purchase your first property! Now, how do you come up with the minimum down payment required (5% of the total value of the purchase)? Personal Savings, Investments or ... how about an RRSP! That in mind, here’s an overview of a program designed to help you come up with that 5% down payment  the Home Buyers' Plan (HBP).
couple moving in their new home

Tax benefits when purchasing your first home

January 24 2018 | by Multi-Prêts Hypothèques We often talk about all the expenses, especially the unforeseen ones, that come with the purchase of a first home, but it’s also important to bring up the advantages.
shoe with gum underneath

4 ways to avoid mortgage traps

September 21 2017 | by Multi-Prêts Hypothèques Even with the help of a broker to help you see things clearly, you’re always better off knowing about these mortgage traps.
house windows

Buying a new or used home: advantages and disadvantages

June 28 2017 | by Multi-Prêts Hypothèques When the time comes to buy a property, the difference between new and used goes far beyond aesthetic and stylistic considerations. To help you make an enlightened decision, here are a few key differences between new and used homes.
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The advantages of buying with a down payment exceeding 20%

June 19 2017 | by Multi-Prêts Hypothèques When the time comes to buy, is it better to put down a big down payment? As every situation varies greatly, it’s impossible to provide a definitive answer. Your decision should take your needs, your means and your targeted market into account.
man with tie

How to buy your first plex in your twenties

June 13 2017 | by Multi-Prêts Hypothèques All too often, millennials are accused of mismanaging their finances and having no long-term objectives. And yet, the housing market is home to many young entrepreneurs who decided to make their savings grow and build their wealth before their 30th birthday.
couple on a balcony

Divided or undivided co-ownership? Learn the difference

June 2 2017 | by Multi-Prêts Hypothèques A co-ownership is defined as a property owned by many people. It can be either divided or undivided. There are many differences between the two, but each presents a list of pros and cons that you’re better off knowing before you start looking for your new home.