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Mortgages for new home buyers in Canada

Buying a new home is an exciting time in your life. Mortgage Maestro simplifies the mortgage application process and offers custom financial solutions to make your new home a reality. Learn more about our mortgages for first-time homebuyers in Canada.

Rates starting at 1.20%

Get one step closer to owning your home

Buying a new home is a rewarding life event that can also leave you with some questions. Whether you are purchasing a single family home, condo, townhome, or vacation home, we are here to help you.

Finding the right mortgage partner is as important as finding your new home. Our mortgage advisors can help you find the right solution and determine down payment, fixed vs variable loan, maximum loan term, insurance, setting monthly payments, and more. Mortgage Maestro will work with you to understand your financial goals and present custom solutions. We offer a simple, secure, and convenient online application process.

Find the best Canadian mortgage rates with Mortgage Maestro.

How our mortgages for new home buyers compare

At Mortgage Maestro, we offer easy mortgage options for first-time homebuyers.
Here is how our mortgages compare to other lenders’.

Lender A

Commission driven,
biased advice

__________
Limited product choices

Mortgage Maestro

Competitive mortgage
rates from multiple lenders

____________________

Broker-assisted online
experience

____________________

Unbiased customer-centric
financial advice

Lender B

Limited choice to
negotiate mortgage terms

____________________
Higher interest-rates

How our mortgages for new home buyers compare

At Mortgage Maestro, we offer easy mortgage options for first-time homebuyers. Here is how our mortgages compare to other lenders’.

Lender A

Commission driven,
biased advice

_______

Limited product choices

Lender B

Limited choice to
negotiate mortgage terms

_______

Higher interest-rates

Mortgage Maestro

Competitive mortgage
rates from multiple lenders

____________________

Broker-assisted online
experience

____________________

Unbiased customer-centric
financial advice

Qualify-mortgage@2x

Qualifying for a first-time mortgage

At Mortgage Maestro, we strive to make the loan application process simple and accessible. Even if you have been turned down for a mortgage elsewhere, get in touch with our team. We have access to over 50 lenders and can help you find a mortgage that meets your needs and offers a competitive interest-rate.

Application process

Number1@2x

Apply online in minutes

Whether you need a first-time home buyer loan or are buying your third property, we’ll help you find the right solution for your needs.

Number2@2x

Connect with mortgage experts

One of our experts will contact you to explain the process and provide mortgage solutions tailored to your needs.

Number3@2x

Get approved with confidence

Once we agree on a solution, our team will work with the financial institution of your choice to complete the mortgage process.

Our tools for first-time home buyers

Are you curious to understand how much you can afford and what your monthly payments would look like? Our calculators allow you to explore multiple options based on your budget.

Affordability calculator

When searching for a mortgage, the first step is to figure out how much you can afford. The affordability calculator helps you understand your budget range.

Mortgage calculator

Understanding how much your monthly payment will be is a critical part of your mortgage application. See what your mortgage payments could be.

Frequently asked questions about first-time home buyer mortgages

How much can I borrow when purchasing my first home?

Each lender has unique requirements. Your credit score and income are some of the factors that will help determine the borrowing limit. You can use our affordability calculator to understand your budget range.

What will my monthly payment be with a first-time mortgage from Mortgage Maestro?

Monthly payments can vary based on your down payment and mortgage amount. Please use our mortgage calculator to assess your monthly payment.

How can I get the best mortgage rate in Canada?

Your mortgage rate depends on a variety of personal factors, including your credit score and income. At Mortgage Maestro, we will help you find the best mortgage rates based on your unique needs.

Do I need to visit a physical location to receive a mortgage from Mortgage Maestro?

Most of your mortgage process will be completed online or on the phone. You will be required to sign your mortgage documents in the presence of a lawyer or a notary but we try to keep things as convenient as possible!

Which banks do you work with?

We partner with more than 50 lending institutions including major Canadian banks.

Are there any other costs associated with a loan from Mortgage Maestro?

There will be some additional costs for an appraisal (if required). Your lawyer may charge a separate fee for processing your mortgage paperwork. Depending on the home’s purchase price there may be an additional cost associated with the property, land transfer tax.

*5 year rate advantage adjustable mortgage rate for high ratio insured and up to 65% loan-to-value insurable mortgages for qualifying clients offered via Mortgage Maestro through one of its lenders CMLS Financial.

Ready to get started? We’re here to help.