First Time Home Buyer Mortgages
Expert Guidance, Better Rates, Zero Hassle — At No Cost to You
Buying your first home is a major milestone — and it should feel exciting, not overwhelming. At MyPlace Mortgages, we help first-time buyers across the Kootenays navigate the mortgage process with confidence, speed, and support from start to finish.

Andrew Ladriere makes the process simple and stress-free — and we work hard to get your deal done, so you can focus on finding the perfect home.
Why First-Time Buyers Choose MyPlace
- ✓ More choice: We compare over 60 top lenders to find the best fit
- ✓ Better rates: Negotiated on your behalf
- ✓ Faster approvals: So you don’t miss out in a competitive market
- ✓ Expert advice: Tailored to your goals and lifestyle
- ✓ Flexible service: Evenings, weekends, online or in-person
- ✓ No cost to you: Our service is completely free; we’re paid by the lender
What to Expect
Know Your Budget: We’ll calculate how much you can comfortably afford, so you can shop with clarity and confidence.
Lock in a Rate: We can secure your rate for up to 120 days while you search — and if rates drop, you still get the lower one.
Down Payment Basics
- 5% on the first $500,000
- 10% on the portion between $500,000 and $1.5 million
- 20% minimum on homes over $1.5 million
If your down payment is under 20%, mortgage insurance applies — we’ll walk you through how that affects your overall cost and monthly payments.
Easy Documentation
We’ll help you quickly gather the documents lenders need — like income confirmation, down payment proof, or a gift letter — with no guesswork.