Mortgage Education & Insights
Clear, practical guidance to help Alberta homebuyers make confident decisions
No Canadian Credit History? You Can Still Buy in Alberta
TL;DR: New to Canada doesn’t mean starting from zero. Alberta lenders and CMHC have a specific program for newcomers, and your credit history from home
What Credit Score Do You Actually Need to Buy a Home in Alberta?
TL;DR: The minimum credit score for an insured mortgage (under 20% down) in Canada is 600, set by CMHC. For the best rates with a
Closing Costs in Alberta: What First-Time Buyers Actually Need to Budget For
TL;DR: Closing costs in Alberta typically run between 1.5% and 3% of your home’s purchase price. On a $450,000 home, that’s roughly $6,750 to $13,500
Your FHSA Has Three Moving Parts. Most Alberta Buyers Only Think About One
TL;DR The FHSA can put up to $40,000 of tax-free savings toward your first home — but only if three things line up: you open
Co-Signer vs. Guarantor in Alberta: Not the Same Thing
TL;DR: A co-signer goes on both the mortgage and the title — they become a part-owner of your home. A guarantor goes on the mortgage
The GST Rebate Alberta First-Time Homebuyers Can’t Afford to Miss — Up to $50,000 Back
Bill C-4 became law on March 12, 2026. If you’re a first-time buyer purchasing a new build in Alberta, you may be eligible for up