Home Buying Archives - Rocket Mortgage Canada ULC

Home Buying - 5-Minute Read

Using A Home Equity Loan To Buy A Second Home

Looking to buy a second home? A home equity loan may be an option. Learn what it is how it works and the pros and cons.

Home Buying - 9-Minute Read

Top Tips To Save For A House

A home is likely the largest purchase you’ll make in your lifetime, so it’s wise to be prepared from the start. Understanding how to budget and save for a home is part of the first steps you’ll take toward buying one of your own.

Home Buying - 4-Minute Read

What Is An Insured Mortgage?

Thinking about buying your first home? Learn more about how insured mortgages work so you can better understand your financing options.

Home Buying - 5-Minute Read

How To Increase Your Mortgage Preapproval Amount

A mortgage preapproval involves a detailed analysis of your financial situation to determine if you qualify for a home loan and if so, the amount. Find out how to increase your mortgage preapproval amount.

Home Buying - 4-Minute Read

What is a Gift Letter for a Mortgage and Why You Need It

If you have received a large cash gift for a down payment on a mortgage you will need a gift letter. Learn more about gift letters and their requirements.

Home Buying - 3-Minute Read

How To Increase Purchasing Power

Learn how to best position yourself when buying a home. You gain the most purchasing power when you reduce debt, improve credit score and more.

Home Buying - 3-Minute Read

Pros And Cons Of Buying A House With Cash

Buying a house with cash, if you can afford it, comes with both benefits and drawbacks. Find out if paying for your home in cash is the right move for you.

Home Buying - 3-Minute Read

Buying A Vacation Home

Whether you dream of a lake house or a secluded cabin, here’s what you need to know about buying a vacation home.

Home Buying - 4-Minute Read

Renting Vs. Buying A Home

Is it better to buy or rent? Learn the benefits of both options to determine if renting or buying a home is best for you.

Home Buying - 4-Minute Read

Types of Houses in Canada

Learn about the common types of houses in Canada including detached, semi-detached, townhouses and condos.

Home Buying - 3-Minute Read

What Is A Bridge Loan?

Bridge loans can help finance a home before selling your current home. Learn if a bridge loan is right for you.

Home Buying - 2-Minute Read

What Is An Assumable Mortgage?

Assumable mortgages are an agreement where the current owner’s outstanding mortgage is transferred to a buyer.

Home Buying - 3-Minute Read

Mortgage Amortization Calculator

View your monthly payment breakdown with our mortgage amortization calculator.

Home Buying - 3-Minute Read

When Is The Best Time To Buy A House?

There is no single answer to when is the best time to buy a house. However, there are a few general tips that can help you during your next home purchase.

Home Buying - 3-Minute Read

Buying A House Without A REALTOR®: A Comprehensive Guide

Wondering how to buy a house without a realtor? Read our latest guide to learn more about the process and everything you need to know.

Home Buying - 5-Minute Read

Dos and Don’ts Of Buying And Selling Your Home Privately

You may be considering to purchase or sell a home privately, but read our article first to learn about the dos and donts of making this transaction.

Home Buying - 3-Minute Read

Home Builder’s Mortgage – What You Need To Know

When buying a new build home, it’s important to lock in your rates early. Read everything you need to know about new build homes and getting a mortgage.

Home Buying - 4-Minute Read

How To Buy A House In Canada

Looking to buy a house, but don’t know where to start? Check out our latest step-by-step guide to learn everything you need to know about the process.

Home Buying - 3-Minute Read

Top Home Renovations That Add Value After Purchasing A House

After buying a house, you may have a list of renovations you’d like to make. Check out our latest guide to find out which renovations add the most value to your house.

Home Buying - 5-Minute Read

Home Buying Checklist In Canada: What To Look For

Buying a new home can seem intimidating, but it doesn’t have to be. Check out our latest home buying checklist for everything you need to know during the home buying journey.

Home Buying - 4-Minute Read

Everything You Need To Know About Closing Costs: A Complete Guide

Closing costs are always included when purchasing a house. Read our complete guide to learn about common closing costs, what they are, and other things to consider during the home sale.

Home Buying - 4-Minute Read

What Is The Home Buyers’ Plan In Canada?

The Home Buyers’ Plan (HBP) allows you to withdraw from a registered retirement savings plan to buy a home. Learn more about HBP in our latest article.

Home Buying - 3-Minute Read

New Year, New Home? Housing Market Predictions For 2022

Read our latest housing predictions for 2022 and learn about how the housing market will shift compared to last year.

Home Buying - 2-Minute Read

How Long Does A Mortgage Preapproval Last?

When looking for your next home, it’s important to know how long your mortgage pre approval is good for. Learn more about the process and the time frame you should work with.

Home Buying - 3-Minute Read

The Most Popular Housing Styles In Canada

There are many different housing styles out there, but read our latest article to learn which housing styles are the most popular in Canada.

Home Buying - 3-Minute Read

What Is The Average Down Payment For A House In Canada?

Read our latest article to learn what the average down payment for a house is by province in 2021.

Home Buying - 3-Minute Read

Buying A Foreclosure Home In Canada: What You Need To Know

Read our latest article to learn more about buying a foreclosure home and what you need to know about the process.

Home Buying - 3-Minute Read

How To Buy A House From Your Family Member

Read our latest guide to learn how to buy a house from your family member and the process involved.

Home Buying - 4-Minute Read

Down Payment Assistance Programs In Canada

Read our latest article to learn more about the various down payment assistance programs available to Canadians in 2021.

Home Buying - 3-Minute Read

How To Buy A House With Bad Credit In Canada

Looking to buy a house in Canada, but you have bad credit? Don’t worry - read our latest article for tips on getting a mortgage despite having bad credit.

Home Buying - 3-Minute Read

Buyer’s Vs. Seller’s Market: What’s The Difference?

Wondering what the biggest differences are between a buyer’s and seller’s market? Read our latest guide to learn about how housing trends can affect the buying and selling market.

Home Buying - 3-Minute Read

How To Make An Offer On A House In Canada

Now that you’ve found your next home, you may be wondering how to make an offer. Read our latest guide to learn how to make the offer and close the deal.

Home Buying - 5-Minute Read

First-Time Home Buyer’s Guide: Buying Your First Home In Canada

Check out our latest first time home buyer’s guide to learn everything you need to know when purchasing a home in Canada.

Home Buying - 4-Minute Read

Foreign Buyer’s Tax Rebate: What Is It And How To Apply

The foreign buyer’s tax rebate applies for foreign homebuyers in the Greater Toronto area. Learn more about what it is and if you qualify.

Home Buying - 5-Minute Read

Buying A House While You Still Have Student Loan Debt

Buying a home is a big financial decision, especially if you’re already paying off other debt. Read our article to learn about the process of buying a house if you currently have student loans.

Home Buying - 5-Minute Read

How Much Money Do I Need To Buy A House?

Buying a home is one of the biggest purchasing decisions you’ll make. Read our article to learn about how much money you actually need to buy a house.

Home Buying - 3-Minute Read

Mortgage Default Insurance: What Is It And How It Works

Are you buying a home with less than a 20% down payment? You’ll need to pay for mortgage default insurance. Read our latest article to learn more.

Home Buying - 5-Minute Read

Renting Vs. Buying A House: Which Option Makes The Most Sense In Canada?

Wondering what the best option is between renting vs. buying a house in Canada? Read our article to learn about which one suits your needs.

Home Buying - 5-Minute Read

Renovate Vs. Buying A New Home: Which Is The Best Option For You?

Wondering if you should renovate your home instead of moving out and buying a new one? Read our latest article to learn about the pros and cons of both options.

Home Buying - 5-Minute Read

Home Inspection Checklist: Everything You Should Verify Before Your Home Purchase

Before you close on your home, you will need to perform a home inspection first. Read our home inspection checklist for all the items you should consider.

Home Buying - 4-Minute Read

How To Buy A House With No Down Payment

If you’re looking to buy a house, but have no down payment, there are options available. Read our latest article to learn more.

Home Buying - 5-Minute Read

How To Get Your House Ready To Sell

Looking to sell your home? Here are some tips on how to stage and prepare your house before listing it in the market.

Home Buying - 4-Minute Read

Getting A Mortgage After Bankruptcy: What You Need To Know

A lot of people have asked about how to get approved for a mortgage after bankruptcy. Here's everything you need to know.

Home Buying - 4-Minute Read

What Is A Short Sale?

Short sales can be great deals on properties, but can be tricky to navigate. Learn more about short sales, what they are, and what you need to know before buying one.

Home Buying - 4-Minute Read

Am I Ready To Buy A House?

As rental rates increase across Canada, it’s hard not to ask yourself the question, “Am I ready to buy a house?” While there are a lot of reasons to dive into homeownership, there are also reasons to avoid it if you’re not ready.

Home Buying - 4-Minute Read

Buying A Home? Weigh The Pros And Cons!

If you’re still on the fence about buying a new home, we’ve put together a pros and cons list that may help make your decision a little easier.

Home Buying - 7-Minute Read

Homeowners Insurance: Everything You Need To Know

So many terms get tossed around – mortgage credit protection, mortgage default insurance, home insurance – how does one make sense of it all?

Home Buying - 5-Minute Read

Everything You Need To Know When Putting A Down Payment On A House

While there are a few rules surrounding down payments, you have plenty of options at your disposal. Understanding how down payments work will help you make the decision that’s best for you.

Home Buying - 6-Minute Read

What You Need To Know About Home Appraisals

Whether you’re purchasing a home or refinancing your existing mortgage, it’s important to understand the role of the home appraisal and how it can impact the outcome of your mortgage application.

Home Buying

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