Buying Guide
Buying a home is a major financial decision
This guide provides a general overview of the process, required documents, and what expect when purchasing a property in Ontario.
How the Home Buying Process Works
While every purchase is different, most home purchases follow a similar structure from preparation to closing.
- Assess your financial readiness and budget
- Search for properties that fit your needs
- Submit an offer and negotiate terms
- Get mortgage pre-approval
- Complete inspections and conditions
- Finalize financing and close the transaction
Buyers are typically required to provide documentation to support financing and identity verification
- Government-issued photo
- Employment letter I
- Recent pay stubs
- Credit report
- Proof of down payment
- Bank statements