First-Time Home Buyer

You will be considered to be a first-time home buyer if you did not, at any time in the current calendar year or at any time in the preceding four calendar years, live in a home as your principal place of residence that either you owned or jointly owned, or your current spouse or common-law partner owned or jointly owned.

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About The Author

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Don Scott

Don Scott is the founder of a challenger mortgage brokerage that is focused on improving access to mortgages. We can eliminate traditional biases and market restrictions through the use of technology to deliver a mortgage experience focused on the customer. Frankly, getting a mortgage doesn't have to be stressful.

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Yes, you can still buy a home in Canada with bad credit. Thousands of Canadians do it every year. Having a credit score below 600 (or even below 550) is more common than you think, and it doesn’t have to stop you from getting a mortgage today. In this guide, we’ll show you exactly how to get a bad credit mortgage in Ca