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1st Time Buyers

1st Time Buyers Mortgage

City Place mortgage near me best rates
Cottage Mortgage Ontario

We help our City Place Community Along Each Step of the Way with Simple and Smart Residential and Commercial Mortgages. As a City Place Community Neighborhood Mortgage Provider, We Understand the Area Better Than Any.

Buying your first home can be easy when you find the right loan. We are here to help you do it quickly so you can get the keys to your new home.
 
There are a number of different types of mortgage products that are suitable when you are shopping for your first home. We can assist you in assessing which type of home loan will fit your requirements.
We Help First Home Buyers
Don’t Worry About
Appraisal And Down Payment

Property appraisals are only needed for Traditional Mortgages. This is where you as the buyer would put 20% or more down on your home’s purchase price.

What If I Don’t have a 20% down payment?

You will need to purchase mortgage insurance. This insurance is to protect the lender from higher risk mortgage loans. As a first-time home buyer, you have the ability to put as little as 5% down, provided you meet the necessary qualifications.

Lawyer

A Lawyer is required to represent you when you purchase a home.

  1. Your lawyer receives and pays out the money you borrow from the lenders
  2. Your lawyer Closes your mortgage on the assigned date.

Your lawyer informs you of your legal responsibilities in the mortgage process and manages your closing costs.

We’ll help you understand all your financing options and find a mortgage that you can manage. We will guide you through the process and will provide an easy, quick and hassle-free process.

First Mortgage Lowest Rates

First Mortgage Fastest Approval

Speak With An Expert

Contact us now for a free consultation.

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Our Kind Clients' Success Stories-Google Reviews

Lahiery
Lahiery
2022-08-07
The team will go out of their way to help you get into a better financial situation. Kateryna helped me utilize the equity from my property to pay off debts. Overall I am now saving more money. Thanks Kateryna, I will definitely be back!!
Earl R. Frey
Earl R. Frey
2022-08-06
Had an excellent experience!
Joseph J. Hight
Joseph J. Hight
2022-08-06
Just wow. My experience with MAO was a breath of fresh air. They don't beat around the bush and are always transparent and honest. Looking forward to working again together in the future
Marzio Rizzi
Marzio Rizzi
2022-08-05
If you want a seamless experience and peace of mind, this is the brokerage for you.
Jeanette C Haney
Jeanette C Haney
2022-08-05
Renewal Don't walk; run and get your mortgage renewal with City Place Mortgage. The team  was able to negotiate my rate for me and I ended up with a lower rate than what my bank first offered me. They have your best interest in mind, and you save money!
Wesley Neagle
Wesley Neagle
2022-08-02
Got my home equity line of credit with these City Place Mortgage guys. They are quick young and energetic. The team listened to my concerns and arranged a package for me that suit my needs.
Kyle Slinn
Kyle Slinn
2022-07-29
Will be recommending you to my friends and family! I had a seamless experience from start to finish. Rishanth was great and helped me refinance my home and get equity out when my home value was at it's peak.
Frank Moore
Frank Moore
2022-07-28
Mosen and his team are great. I thought I would not be able to close on my purchase and was ready to give up my deposit, when Mosen and his team stepped in and got me a mortgage quickly and I was able to go through with my purchase. Very grateful to everyone at MAO
Kristen McClelland
Kristen McClelland
2022-07-27
The City Place Mortgage team is very knowledgeable and made me feel very comfortable in arranging my mortgage financing for my condo. I had the pleasure of working with Kateryna who got my mortgage arranged quickly. Keep up the excellent work!
amir khan
amir khan
2022-06-11
We had an excellent experience with the company. Like the way they processed our private mortgage.