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First-Time Home Buyers

Purchasing your first home is an exciting time, but it can be overwhelming too.

We’re here for you with expert advice and neighbourly tips. We’ll help you understand the real estate process, the types of mortgages and payment terms available, how to make an offer, your total costs, and we’ll help you find the right mortgage with a great rate. Get started on your home-buying journey with these tools and articles. 

Mortgages basics

Check out this overview to learn more about mortgages and understand your options.

Payment terms

Learn about mortgage payment terms and options.


Required mortgage documents

Before you start house-hunting, come see us at ACU. We can pre-approve you for a mortgage, which can save you time and make the whole home buying process smoother.

Our handy checklist will ensure you have all of your paperwork in order for a smooth mortgage approval process.

Mortgage calculator

Use our mortgage calculator to see what home you can afford, and to estimate your monthly payments.

Featured advice and stories

RRSP vs. TFSA vs. FHSA: Breaking down the options for buying your first home

Many ACU members are familiar with their options when saving for a down payment. Tax Free Savings Accounts (TFSAs) offer shelter from taxes on growth, while a Registered Retirement Savings Plan (RRSP) offers tax-deductible contributions.



Variable vs. fixed rate mortgages: Everything you need to know

When choosing a mortgage, comparing fixed vs variable rate mortgages has become a tough task in an era of fluctuating interest rates.


10 steps to buying your first home

Buying a new home in Winnipeg can be an exciting time. After all, you can finally move into a place to call your own—whether you’re leaving that long-term rental property, an apartment or your family’s home.


Need more help?

Call us at 204.958.8588 / 1.877.958.8588 or book an appointment with one of our financial advisors.

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