We know as a first-time home buyer that you may have questions and want an expert to be there to guide you through the mortgage and home buying process. Our Mainstreet advisors will be there by your side helping you step-by-step in finding the right home and mortgage for you.

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Featured Rates

2-year fixed
5-year fixed
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Start your home buying journey

Need advice about buying your first home? Contact us to have a Mainstreet advisor reach out to you.


Features of a Mainstreet Mortgage

Free chequing account

With a mortgage (or any combined business at Mainstreet of over $100,000) you can receive a Complete, E-ssential, or Light chequing account package for free!

Flexible payment frequency

You decide how to pay - smaller payments weekly, or the full amount once per month (or something in-between)!

Own your home sooner with pre-payments

Pay up to 20% of the original principal of your mortgage each year and at any time! - No waiting for the mortgage anniversary date!

Double up any of your regular mortgage payments. See how pre-payments can really make a difference in owning your home sooner by using our mortgage payment calculator tool.

Mortgage flexibility

If you are in a variable rate mortgage you can switch into a fixed rate mortgage at any time.

If your needs change or you are moving, talk to us- we’ll help with determining what mortgage options work best for your unique needs.

The Mortgage Process

Step 1 - Pre-Qualification Appointment

Are you ready to become a home-owner? This is an important first-step to help equip you with mortgage know-how, what price range to use for your house search that fits your lifestyle and financial situation, what your savings plan will be over the coming months to get you to your goal, and more.

Step 2 - Ready to Offer

At this point, if you find a home you love, you can make an offer conditional on financing (and any other conditions you decide to include with your realtor). Your application is reviewed at your local branch so turn-around time for your finance approval can be obtained very quickly.

Step 3- Finalizing your offer

If your offer is accepted we’ve already done the pre-qualification step so your realtor just needs to send us the accepted offer paperwork and we can finish the mortgage process for you from here.

Important note: You might hear that you should get “pre-approved for a mortgage” it is important to know that you can get pre-qualification to spend a certain amount on a home: however, a full approval process involves taking your info, the actual details on the house you are buying and considering both together to get the full approval.

Mortgage Calculators and Tools

When you are searching for your first home it is important to know how much you can afford to pay each month to align with your lifestyle. We have calculators that can help you determine where to begin.

Mortgage Stories

Brianne & John

Brianne & John

We were buying our first house in Chatham and everything went so smooth. Our advisor Joe took care of everything and ahead of schedule. The rate we got was unheard of – we could not be happier! We had lots of questions being first-timers and we would email at night and get a response. Joe was so friendly and really willing to help. It just felt like a one-on-one experience we would not have had elsewhere.
Chris & Cheryl

Chris & Cheryl

Where can you say you got more then you expected? With Mainstreet we received a lower rate then the competitors and we feel we received the best possible service and advice. Our advisor took care of all our finances and recommended a consolidation loan to save us more money. She is always looking for ways to help us out financially and whatever she recommends we do! Because of Mainstreet and her advice we were able to move from the world of renting to owning.
Daniel & Melanie

Daniel & Melanie

Being in our early-20's we weren’t sure if home-ownership would even be possible! When we went to Mainstreet our advisor Sandra took the time to educate us on all there is to know around buying a home and getting a mortgage and we worked to crunch the numbers so we could make the right decision on how much to spend. We also looked at our full financial picture together, from student debt to car payments, to make sure we were making the right financial decisions in other areas.
Derek & Andrea

Derek & Andrea

The mortgage experience can be tough as a young couple, Mainstreet was good at making things effortless for us, plus we found a financial advisor who really worked with us on our future plans and helped us move from our starter condo to our dream home.
Stacy & Tricia

Stacy & Tricia

We were needing a building loan for our dream home in Goderich. We heard great things about Mainstreet so set-up a meeting with Kim. She took the time to get to know us and the situation and jumped right in. Within 3 days she had fixed everything related to our bank loan situation and the entire process was so much smoother and personalized- we really felt well taken care of. With Mainstreet we feel like they are on our side, saving us money, and taking care of our family’s financial well-being.

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