When preparing to buy a home, you will have to decide between various methods of financing the purchase. This can include a mortgage from a financial institution, private lender, a personal line of credit, from your own savings, etc.This article from the series “Get Smarter About Money” by the Ontario Securities Commission provides you with considerations and steps that should be taken in obtaining the requisite finances to buy a home. It also provides helpful information on obtaining and/or choosing a mortgage.
