1. Your budget
Drawing up a budget is an essential first step, since it allows you to set project limits.
First, get a clear picture of all the financial aspects of buying a property:
- the downpayment
- start-up costs
- drawing up a budget
Once you've done the math, your Desjardins Advisor may be able to offer you a preauthorized mortgage. This service consists of an evaluation to determine the maximum amount of financing you can qualify for according to your financial situation.
Interest rates
Term |
Rate |
|---|---|
"5-in-1" Yearly Fixed-Rate Resetter Mortgage Loan |
6.00% |
5 years (Closed fixed) |
7.10% |
Reduced variable rate |
4.45% |
