HELOC and Mortgage - Best Purchase Quiz in 1 Minute

What Are You Looking For?

Purchase of a Principal Home

Purchase of a Rental Property

What Type of Property Do You Plan To Purchase?

Single Detached House

Semi-Detached

Freehold Townhouse

Leasehold Townhouse

A Condominium Unit

Are You a First-Time Home Buyer?

Yes, I am.

No, I have an existing property and will replace it.

No, I have an existing property and will buy an extra rental property.

No, I owned a property before but sold it already.

When Will You Plan to Make a Purchase Offer?

Within the next 3 months

3 to 6 months

After 6 months

Next year.

Where is the Planned Location of the Property?

In the City of Toronto

Within the GTA

Outside the GTA and Within Ontario

Outside Ontario and Within Canada

What is the Budget of Purchase Price?

Within $500,000

500,001 - 1,000,000

1,000,001 - 1,500,000

Over $1.5 million

How Much Down Payment Do You Plan to Invest?

Minimum 5% or 10% down payment

10.1% to 19.9%

20% to less than 35%

35% and up

What is Your Credit Score?

Excellent: above 720

Good: 680-720

Fair: 650-679

Below average: 600-649

I don’t know my credit score.

How Much is Your Annual Combined Taxable Income?

Below $80,000

80,000 to 120,000

120,000 to 180,000

Over $180,000

I am a self-employed running a business for over 2 years.

How Much is Your Total Liability?

Credit cards & loans within $20,000, no mortgage

Credit cards & loans over $20,000, no mortgage

I have a mortgage, plus debts within $20,000

I have a mortgage, plus debts over $20,000

I have no mortgage and debt free.

What Type of Lenders Do You Plan to Borrow From?

Major banks only

Major banks or non-bank prime lenders, and the key is the best mortgage rate

Alternate lenders due to my situation

Mortgage Investment Corporation for a private mortgage due to my situation

It does not matter, and the key is to get approval.

Are You Seeking a Mortgage Pre-Approval?

Yes, please call me to discuss for 15 minutes.

Yes, please text or email me to set up a telephone appointment.

Yes, please text or email me to set up a Zoom appointment.

Yes, I prefer to fill out an online application and do everything via email.

Full Name

Cell Phone

HELOC and Mortgage Preapproval