You Find The Home We Find The Financing
Buying your first home is a big deal—and at GNE Mortgages, we’re here to guide you every step of the way. Whether you're feeling excited, nervous, or a bit of both, we’ll help you understand your options, qualify with confidence, and make smart decisions that support your future.
Why Work With GNE
1. Expert Guidance and Advice
Navigating the world of mortgages can be overwhelming but it doesn't have to. GNE is your guide, helping you understand all your options and making recommendations based on your specific needs and goals. We have extensive knowledge about different types of mortgages available in the market, such as fixed-rate vs. variable-rate mortgages, open vs. closed mortgages, etc.. We will work closely with you to determine the best fit for you.
2. Save Time and Money
Gathering all the necessary documents, filling out applications, and communicating with multiple lenders can be time-consuming and stressful. A mortgage broker takes care of all these tasks on your behalf so that you can focus on other aspects of buying a home. Our team has decades of combined experience in the industry and is committed to providing personalized guidance and support throughout the process. Contact us today to learn more about our services!
01
Personalized Mortgage Consultation
Every successful mortgage begins with a thorough understanding of our client’s financial situation, goals, and concerns. That’s why we offer a personalized consultation to discuss all aspects of the mortgage process and answer any questions you may have.
04
First-Time Homebuyer Programs
We can guide various programs and incentives available to first-time home buyers in Mississauga, such as the Home Buyers’ Plan (HBP) or the First-Time Home Buyer Incentive (FTHBI). These programs can help make homeownership more affordable and accessible for first-time buyers.
02
Access to Multiple Lenders
As independent mortgage brokers in Mississauga, we have access to over 100 lenders. This allows us to present you with multiple options tailored to your specific needs and negotiate competitive rates on your behalf.
05
Assistance with Paperwork:
The mortgage application process involves a lot of paperwork, which can be overwhelming for first-time home buyers. Our team will guide you through every step of the application process, ensuring that all necessary documents are completed accurately and submitted on time.
03
Pre-Approval
Process
Before starting the house-hunting process, it is crucial to determine how much you can afford. Our pre-approval service can help you understand how much you qualify for based on your income, credit score, debt levels, down payment, and other factors.
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Ongoing Support
Our relationship with our clients doesn’t end once the mortgage is finalized. We are committed to providing ongoing support and advice throughout your homeownership journey, whether reviewing your mortgage options when it’s time to renew or helping you navigate any financial challenges.
How GNE Mortgages helps you navigate the complexities of getting a mortgage
Understanding the process of buying a first home in Mississauga
01
Determine Your Budget
Figure out what you can afford based on your income, credit, and down payment. We’ll help you set a realistic price range.
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Home Inspection
Get a professional home inspection before purchase to identify potential issues. Address any problems found by negotiating repairs or price adjustments with the seller.
02
Get Pre-Approved
Secure a mortgage pre-approval so you can shop with confidence and show sellers you're serious.
05
Secure Your Mortgage
With an accepted offer, it’s time to secure your mortgage. Our team at GNE Mortgages can help you compare different mortgage options and choose one that best suits your needs.
03
Find The Right Home
Start your search with expert advice and market insights from our team—focused on what matters most to you.
06
Close The Deal
Once all conditions have been met, a closing date will be set for when ownership of the property will be transferred to you. On closing day, you’ll need to pay the down payment and closing costs (such as legal fees), sign all necessary documents, and receive keys to your new home!
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Your First Home Starts Here – with Just 5% Down
At GNE Mortgages, we believe everyone deserves a place to call home—especially first-time buyers. That’s why we offer a flexible 5% down payment program to help you get there sooner.
Whether you're just starting your homeownership journey or need guidance navigating the process, our friendly, experienced team is here for you. We’ll walk you through every step, offer clear advice, and build a mortgage plan that fits your life—not just your numbers.
Let’s make owning your first home not just possible—but simple, stress-free, and exciting.
Program
Highlights:
Acceptable Loan Purpose and Applicable Loan-to-Value Limits:
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1 and 2 units: 95% LTV
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Property value ≤ $500,000 – 5% down payment required
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Property value > $500,000 and < $1,500,000 – 5% down payment required up to $500,000, with an additional 10% down payment on the portion of the home value above $500,000
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3 and 4 units: 90% LTV
Eligible Properties
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Maximum 4 units where 1 unit must be owner occupied
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Existing resale properties
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New construction covered by a Lender approved New Home Warranty Program*
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Estimated remaining economic life of the property should be a minimum of 25 years
Maximum Property Value:
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> 80% LTV: Property value must be less than $1,500,000
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≤ 80% LTV: Property value must be less than $1,000,000
Amortization Options:
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Up to 30-year amortization
Why Choose GNE?
Still Have Questions?
We’re here to help. If something’s unclear or you want personalized guidance, book a free consultation today. Let’s talk through your options and make sure you’re fully informed.
(905) 757 - 1900
