First-time Homebuyers

Get ready for the thrill of homeownership

Buying a home is one of the biggest purchases you'll ever make – and you want to do it right. These tools, articles and tips can help you understand the home-buying process, understand your mortgage options, and make smart decisions that suit your needs. When you're ready, contact a Scotiabank advisor.

Suggested Tools

What can I afford?

Discover just how much you can spend before you start house hunting.

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Rent or own?

Should you keep renting or is it time to buy? This quick and easy calculator will help you decide.

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Suggested Videos

Diversify your mortgage with Scotiabank mortgage loan solutions

Would you like to become mortgage free sooner? With Scotia's "Diversify your Mortgage" approach, you can find out how to design a plan and become better able to take advantage of changes in Canadian mortgage rate or protect your mortgage loan from downturns in the markets or raising interest rates.

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Small changes, big difference.

Do you need some financial planning advice? With Scotia's "Borrow to Get Ahead" program, you can find out how you can pay down your mortgage faster, become debt-free faster, and plan your long-term borrowing strategy. Increase your knowledge on financial management, and learn how to save money more efficiently for things like your child's education and your retirement.

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Suggested Articles 

Tips for home-buying success

Make sure you have all your financial pieces in place so that you're ready to make an offer when you see your perfect home.

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Choosing Your Home-buying Team

Before you sign on the dotted line, ensure you have the team of experts you need to make your home purchase smooth and successful.

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Your Options

3-10 Year Closed Term Fixed Rate


  • Fixed Payments for 3, 4, 5, 7 & 10 years

  • Peace of mind by locking into lower rates for a longer term

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1, 2 Year Closed Term Fixed Rate


  • Protection against rate increases

  • Short time commitment

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The Long and Short®


  • You want low interest short-term rates

  • You want the security of a longer fixed rate mortgage and can't decide.

Learn More