Step into a clearer, more confident homebuying journey. This session gives the Canadian Armed Forced (CAF) members and their families a practical overview of mortgages and homeownership, hosted by SISIP Financial in partnership with Enriched Academy.
You’ll learn how to approach major mortgage and homebuying decisions with confidence and understand the unique factors that affect CAF families, including relocation considerations and exclusive mortgage benefits such as the Canadian Defence Community Banking program (CDCB), offered in partnership with Bank of Montreal (BMO).
What we will cover:
- The key steps in the homebuying process, from saving for a down payment to closing on a property.
- How to determine basic affordability, including down payment requirements, mortgage types, and Gross Debt Service ratio and Total Debt Service ratio.
- Key government programs for first-time homebuyers, such as the Home Buyer’s Plan, First Home Savings Account and Home Buyers’ Tax Credit.
- A comparison of renting versus buying, using the tools and calculators on the SISIP Financial Website and Money Mastery Portal.
- Specific considerations, including relocation factors and exclusive mortgage benefits like CDCB rates. CAF‑specific advantages, including how relocation, postings, and exclusive mortgage benefits like CDCB rates can strengthen your buying power.
After this webinar you will be able to:
- Explain each major phase of the homebuying process with confidence.
- Calculate what you can afford using standard affordability measures.
- Use the calculators to evaluate renting versus buying for your situation.
- Determine which first‑time homebuyer programs you may qualify for.
- Assess how CAF‑specific factors such as relocation and CDCB rates will impact your financing options.
- Use the tools and resources available to you in your homebuying journey.
Register now to join our expert-led webinar on MS Teams and gain practical insights tailored to CAF members.
Win big! Join us for a chance to take home CANEX gift cards valued at $500 (1 available), $300 (1 available) and $100 (three available). Participants will automatically be entered in a random draw.
For complete details, review the general contest rules.
Register by filling out the form below
