Concentra Bank will be closed on September 30 for the National Day for Truth and Reconciliation. Read More

Please note that Concentra Bank and Concentra Trust will be closed on Thursday, September 30 for the National Day for Truth and Reconciliation, a day to commemorate the tragic legacy of residential schools in Canada. The National Day for Truth and Reconciliation will be observed as a statutory holiday for employees in federally regulated workplaces, which applies to Concentra.

We will reopen on Friday, October 1, 2021.

First-time home buyers
May 18, 2021

First-time home buyers

Congratulations on taking the next step in buying your first home! Being a first-time home buyer can be difficult to navigate, and at times, you may feel overwhelmed. From calculating how much you can afford and what amount you need for a down-payment, to understanding mortgage requirements, there are a lot of factors to consider. Concentra is here to help. We can discuss with you the options available based on your own unique situation and be there to guide you through the process at any stage.

We offer first time home buyers

Experience, confidence and empathy, so you understand every single step of the mortgage journey. We can help figure out how much you can afford, review your credit history and determine a down payment. Did you know you may qualify with a minimum of 5% down?

In addition, we look at the big picture. We discuss incentives for first-time buyers, like the Home Buyers’ Plan (HBP), a federal program that can potentially help with purchasing your first home. Our aim is to provide as much insight, guidance and support as we possibly can so you can make an informed decision and feel good doing it. This is a big life moment!

You'll need

Supporting documentation to confirm income, credit and property verification/information. Required documents vary based on each borrower’s situation, so our Mobile Mortgage Specialists (MMS) will let you know exactly what they need to process your application.

Connect with a specialist

While most major lenders have reduced their business hours, Concentra’s dedicated team has been working longer hours, evenings and weekends during the pandemic to meet consumer needs. Our MMS are here for you and will talk you through each step of the mortgage process to ensure your biggest investment is worry-free.

Contact one of our Mobile Mortgage Specialists and become one step closer to purchasing your dream home! We will discuss your own personal mortgage requirements and help find a plan that works for you.

The content of this article is provided for general information purposes only. It is not intended to be specific advice regarding legal, accounting, financial, or tax matters on which you should rely. You must obtain more specific or professional advice before taking, or refraining from, any action or inaction on the basis of the content in this article. We accept no liability for any loss or damages arising out of your use or reliance of the information in this article, including liability towards third parties.

© Concentra Bank, 2021
| | |
customer support icon
Customer support
Phone: 1-800-788-6311
Hours: Mon - Fri 8am - 4:30pm CST