Buying a home in the GTA? Start with a strategy, not a rate quote.
Whether it's your first home, a move-up, or an investment property, the difference between a stressful close and a smooth one usually comes down to who's structuring your mortgage. Anthony has placed mortgages for buyers across Toronto, Vaughan, Mississauga, and the broader GTA — and walks every client through pre-approval, rate hold, financing condition, and close.
Why clients choose Tripoint for purchase
True pre-approval
Not just a rate hold. We verify your income, debt, and credit so you know what you can confidently bid on — before you fall in love with a listing.
50+ lender access
Banks, monolines, credit unions, and private capital. The right lender depends on your file — we shop, not pitch.
First-time buyer programs
FHSA strategy, Land Transfer Tax rebates, RRSP Home Buyers' Plan, and the new 30-year amortization for first-time buyers on insured purchases.
Self-employed and new-to-Canada
Bank statement programs, stated income, and newcomer mortgages with proper down payment requirements.
How a purchase file moves at Tripoint
Discovery call
15-minute conversation. We learn your timeline, target neighbourhoods, and financial picture.
Document review
We collect income documents, ID, and credit consent. Most files are reviewed same-day.
Pre-approval
You get a real pre-approval — not just a calculator output. We confirm your maximum purchase price and rate hold (typically 90–120 days).
Offer & financing
Once you're under contract, we lock financing within the conditional period. Most files clear within 5–7 business days.
Close
We coordinate with your lawyer and lender. You sign, the funds release, the keys are yours.
Common questions
How much down payment do I need in Toronto?
Minimum 5% on the first $500,000 of the purchase price, then 10% on the portion from $500,001 to $1.5M. For homes over $1.5M, you need a minimum 20% down payment. Down payments under 20% require CMHC, Sagen, or Canada Guaranty default insurance.
How long does a pre-approval last?
Most lenders hold rates for 90–120 days. Some specialty lenders go to 130. If rates drop during your hold, you typically still get the lower of the two — that's a 'float-down' feature we make sure your file has where possible.
Do I need 20% down to buy in Toronto?
No. For homes under $1.5M, you can put down as little as 5%. The trade-off is mortgage default insurance, which adds 2.4–4% to your loan. Sometimes it still makes sense — we run the math both ways before you decide.
What's the new 30-year amortization rule?
As of December 2024, first-time buyers and buyers of new-construction homes can qualify for 30-year amortizations on insured (under 20% down) mortgages. This lowers your monthly payment but raises lifetime interest. We model both 25 and 30-year options for first-time buyers.
More ways Tripoint can help
Get a Free Mortgage Consultation
Speak with Anthony directly. No obligation, no credit pull, fully confidential.