Home Buying 101
We’re here to walk you through each stage of the home-buying process and provide easy instructions on how to finance, choose and purchase the home you want.
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Getting pre-approved
As a first-time buyer, you’ll probably need to borrow most of the price of the home.
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Save for your down payment
It’s smart to start saving as soon as you start thinking about buying a home.
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Make an offer
Once you’ve found a home you wish to buy, your real estate agent can get the ball rolling quickly.
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Cost to own a home
One of the most important calculations you can make is to figure out how much you’ll be paying out each month to purchase and maintain a home of your own.
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Find the right home
In the world of real estate, location is important.
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Complete the deal
Here’s a look at what happens in the final stages of buying a home, after your offer has been accepted.
We can Help
A BMO mortgage professional can help you at every stage of buying a home, whenever you need advice or have questions about your mortgage options. Speak with a BMO Mortgage Representative in-branch or meet with a BMO mobile Mortgage Specialist when and where it is convenient for you.











