Purchases

Buying a Home? Get the Right Approval!
Not Just Any Approval.

Whether it’s your first home, your next property, or an investment flip, the wrong mortgage structure can cost you thousands and restrict your long-term freedom.

At SM Mortgages, we work with both A B, and C lenders to ensure that what you buy, how you borrow, and where you’re approved actually aligns with your life and goals.

📍 [Book Your Pre-Approval Call]
📤 [Apply for a Purchase Mortgage]
📥 [Download Our Mortgage Readiness Checklist]

Who We Help!

✔️ First-time buyers
✔️ Renters switching to ownership
✔️ Investors buying a 2nd or 3rd property
✔️ Clients moving between provinces
✔️ B clients needing flexible approvals
✔️ Self-employed buyers with limited declared income
✔️ Buyers with past credit issues who are ready to move forward

Our Approach

We don’t just “get you approved.”
We show you the full picture, compare lender strategies, and help you buy smart – not just emotionally.

You’ll get guidance on:

• Fixed vs. variable rates
• Terms, penalties, and early-exit costs
• Total cost of borrowing
• Short-term vs. long-term planning
• Credit positioning and insurance

Includes:

• What you need to qualify
• Rate type comparisons
• Link to affordability calculator

Types of Purchase Mortgages We Work With

We help clients secure the right mortgage type based on their specific needs, not just what a bank offers.

🔹 Insured Mortgages (High-Ratio)

For buyers with less than 20% down. Backed by CMHC or other insurers — usually lower rates, but includes insurance premiums.

🔹 Conventional Mortgages

For buyers with 20%+ down. No insurance premium, more flexibility with amortization, lenders, and property types.

🔹 Alternative or B Lender Mortgages

For buyers with credit challenges, non-traditional income, or unique situations. We help position the file and build a transition plan back to A lending.

🔹 Investment & Rental Property Mortgages

Structured for short-term ROI or long-term cashflow. We work with lenders who allow rental income offset, multiple properties, or equity take-out strategies.

🔹 Self-Employed Mortgages

Flexible documentation and stated-income programs — no need to force your income into boxes that don’t fit.

🔹 New to Canada Programs

For newcomers with limited credit or no full-time job history yet. We work with lenders who offer tailored programs to help you get started.

Client Example

“The bank said I was approved, but SM Mortgages showed me how their offer would’ve locked me in with a big penalty if I sold early. They got me a better term and helped me understand why it mattered.”

Specialized Support System

Self-employed: We guide you through the document prep + alternative income approval pathways
New Canadians: We work with lenders who support limited credit/no history
Divorce or separation: Get qualified based on your new financial picture
Investors: Buying another property? We help you structure smart, scalable lending

FAQ’s

What’s the difference between A and B lending?
A lenders = traditional banks (strict rules, best rates)
B lenders = flexible approvals (higher rates, custom strategies)

Do I need 20% down?
Not always. We’ll explain insured vs. conventional mortgages and what you qualify for.

What if I don’t know my credit score?
We’ll help you check it and understand how it affects your approval and lender options.

Explore More

Not sure if now is the right time to buy?
You might want to start with a refinance or strategic debt consolidation first.
[→ Learn More About Refinance Options]

📍 [Book Your Pre-Approval Call]
📤 [Submit a Purchase Application]
📩 [Ask a Purchase Question]