Step by Step
Recommended Steps
 Step 1
Determining Your Housing Requirements
We provide helpful information and practical worksheets to assist you in determining your precise requirements in a home and for choosing your desired location.
Step 2Understanding Your Local Housing Market
Everything that happens in the housing market can have an impact on your home purchase. We help you track trends in mortgage rates, local housing prices and other key indicators to assist you in determining the best time to buy.
Step 3Calculate Your Costs
Can you afford the type of home you have chosen? CMHC has practical work sheets and tools to help you calculate how much you can afford to spend.
Step 4Choosing Your Team
There are a lot of people involved when you buy a home. Here's a guide to who they are and what they do. We provide work sheets to help you choose the right people to meet your home buying needs.
Step 5Arranging Your Mortgage
How do you get the best mortgage for you and at the best rates? Learn more about the range of mortgage options before you make your final decision.
Step 6CMHC Mortgage Loan Insurance
Don't let a down payment come between you and your home. Find out how you could qualify to buy your home with as little as 5% down with help from CMHC.
Step 7Preparing an Offer
Before making your final offer, find out what to include in your Offer to Purchase and what to expect once an offer has been made.
Step 8Closing the Deal and Moving
There are many small steps when it's time to close the deal. Here's information to help make sure nothing falls through the cracks. Also, tips to make moving day a smooth experience.
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