Buying your first home

Lessons

1. 1 Credit scores in Canada: what counts and how to raise yours How credit scores work in Canada, what Equifax and TransUnion look at, how to check your score for free and the fastest ways to improve it. 2 min read Mark as done : Credit scores in Canada: what counts and how to raise yours
2. 2 The FHSA explained: First Home Savings Account How the First Home Savings Account works, the $8,000 yearly and $40,000 lifetime limits, who can open one, and how to use it with the Home Buyers' Plan. 3 min read Mark as done : The FHSA explained: First Home Savings Account
3. 3 The mortgage stress test explained How Canada's mortgage stress test works, the rate you must qualify at, how much it changes what you can borrow, and who has to pass it. 4 min read Mark as done : The mortgage stress test explained
4. 4 CMHC mortgage insurance explained When you need mortgage default insurance in Canada, how much CMHC insurance costs at each down payment, the 30-year surcharge and the $1.5 million cap. 2 min read Mark as done : CMHC mortgage insurance explained
5. 5 Land transfer tax in Canada, province by province How much land transfer tax you'll pay in each province, Toronto's and Montreal's extra city tax, first-time buyer rebates, and when it's due. 3 min read Mark as done : Land transfer tax in Canada, province by province