First-Time Home Buyer Mortgage


Are you ready to take that step into home ownership? Sometimes buying a new home can be an exciting, but also stressful and confusing process. We can help make the biggest purchase of your life easier. Before you start looking at houses consult a mortgage broker to ensure you are heading in the right direction. With access to multiple lenders, We’ll help you find the best rates and options  for a first time home buyer mortgage.

Get Your First Time Home Buyer Mortgage Today!

When deciding to start the home buying process it’s important to start organizing and getting all your important documents together to ensure the process goes smoothly and quickly. Some of the common documents needed to start and complete the process are: T4, notice of assessments, job letters, pay stubs and bank statements.

Deciding which mortgage is right for you can be overwhelming for a first-time home buyer so always ensure you consult with a professional who has your best interest at heart to help navigate you through the process from start to finish. Getting a mortgage as a first-time homebuyer should not be your headache – leave it to us to find you the perfect one.

CTMS provides mortgage services in Pickering, Ajax, Whitby and other surrounding areas in the GTA & Durham region.

 Still have questions? Give us a call or send an email.

Asking Yourself The Following Questions Can Help You In Making a Better Decision

How Much Can I Afford?

The most important question you should ask yourself prior to getting a first time home buyer mortgage would be to assess how much you can comfortably afford. To be in a sound financial situation after a purchase, experts say the ratio of expenses is to have about a quarter of income go towards your home. Anywhere between 25% and 32% is considered a safe area.

Figuring out 25% of your income allows you to narrow down the price range of a home you can afford to buy.

Are There Any Additional Costs For My Home?

You can find many amortization calculators online however most of them don’t include taxes, utilities and mortgage insurance. Being aware of all the out-of-pocket expenses prior to purchasing your new home will save you from surprises after signing the contract.

Every home needs to be maintained and it could range from minor fixtures, appliances issues or major repairs for your home. We always advise everyone to have some money set aside for emergency home expenses as the unforeseen expenses can definitely hurt your pocket.

Will This House Fit My Long-Term Goals?

If you’re a married couple intending to grow your family, keeping the next 5 years in mind would help you in deciding which home to buy. Are you planning to have children soon? Will your parent(s) be moving in? Do you require a home office? You should always factor in the answers to these questions and many others like it into your decision before deciding which house to choose.

What Do I Need to Qualify for My First Time Home Buyer Mortgage?

There are a few things you need to keep in mind before reaching out to mortgage brokers or lenders.

  • Lenders like consistency: they need to see that you have been working at a place for over 2 years otherwise you may end up having some trouble qualifying for a mortgage.
  • Credit score: a good credit score will allow you to qualify for a lower interest rate, resulting in lower monthly payments. If you have any outstanding balances on your credit cards, paying them off or down prior to applying for a mortgage is always a good idea.

Still have questions? Call (905) 509-8164 or send a message to discuss all your options.


  • “Hi Felicia and Steve.
    Thank you so much for walking me through a process that I was not sure about.  You were extremely patient with me and I truly appreciated that the most.
    I was wondering if you could send me a few cards.  I have told two people that were talking about Reverse Mortgages and I only have the one card that Steve gave me.
    I wish you all well and again, thank you for making it so easy for me.
    With much respect always,


    — Judi
  • After speaking with several Brokers, my wife and I found that Steve Bryan at Mortgage Alliance was the right broker to handle our mortgage situation. He was highly professional, proactive, knowledgeable and patient. Steve and his associates followed up regularly, and took the time to explain all the pros and cons, this allowed us to make the best decision for our family. They work swift and accurate, wrapping up all of our matters within a couple of weeks. We would definitely contact Steve Bryan for any future mortgage concerns and recommend anyone looking for mortgage services to his brokerage.

    — Peabo & Sabrina S.
  • Referring u to friends/family is easy. I am picky and you addressed all my questions/concerns in a timely and professional manner. You were also extremely knowledgeable and provided me with some key information that assisted me in getting a property that meets all my needs by telling me about the home improvement loan from the bank.

    — Sophia
  • I have known Steve Bryan for the past three years …

    At our meeting I told him I was looking for a second mortgage on my home, he explained the steps involved in the process with great clarity he was very articulate, professional and effective. Steve was able to secure the mortgage with B2B bank at a reasonable interest rate and to my satisfaction.

    What I appreciated most was Steve’s dedication, commitment and driving results, I will recommend him to anyone in the future.

    — Judith D
  • If you’re looking for someone that will work for you and have your best interests at heart your search stops here. Steve fights for his clients to the end and never gives up on a deal until he gets it done. Thank you Steve.

    — Shelley D
  • “We were recommend to Steve by a family friend and he was very professional and took the time out to lets us understand the pros and cons for what we wanted to do. When we decided what we wanted to do he gave us the best option. He’s patient and he makes sure you have all required documents before proceeding. I would recommend him to everyone.”

    — Damian H
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