A Scotiabank Home Financing Advisor will help get the best mortgage for you

A Scotiabank Home Financing Advisor (HFA) is a mortgage specialist who will guide you through the various types of mortgages Scotiabank offers and help  you determine  the right one to start the pre-approval process when buying a home. Your HFA will help you choose the mortgage that best suits your needs (fixed rate, variable rate, or a mix of both) and provide you with competitive rate available to you from Scotiabank. 

They’ll continue to work with you as a homeowner, as your financial goals change over time.  They can help paint a broad financial picture through a holistic approach – they will work with other specialists at Scotiabank to ensure your financial advice is comprehensive.

Yes. A home is one of the biggest investments you’ll make in your life. It’s important to work with an experienced professional who understands the housing market and is knowledgeable about the different types of mortgages available. Your HFA can also arrange for a pre-approved mortgage so you know how much you can afford before you start to look for a home. 

Talk to an HFA for mortgage advice over the phone, at a branch, or at a location of your choice. Find a Home Financing Advisor now or book an appointment at your branch.

Meeting a Home Financing Advisor is a free service offered by Scotiabank.

Your Home Financing Advisor will ask you questions about your current financial situation and review your goals in order to identify your specific needs.  

Questions a Home Financing Advisor may ask:

• What is your current salary?
• What are your monthly expenses, including debt payments? 
• What kind of a place are you looking for—a condo, townhouse, or detached home? 
• How much have you saved for a down payment? 
• Have you budgeted for additional expenses, such as closing fees, property taxes, home insurance, and maintenance costs?
• Do you have an emergency savings fund for unexpected home repairs?

Before talking to a Home Financing Advisor, if you’ve already thought about some of these questions, try our mortgage calculator to see what you can afford.

Your HFA will work with you to find the mortgage that best suits your needs. It may be a fixed rate, a variable rate, or a mix of both.

Your HFA can help determine the best way for you to:

• Buy your first home or your next home
• Buy a cottage or rental property
• Refinance or review options for existing equity for renovations
• Switch a mortgage from your current financial institution to Scotiabank
• Buy your first home as a new Canadian

The list of possibilities is long and differs on a case-by-case basis. Check out our STEP Mortgage that gives you the most flexibility.

There are three types of advisors that will take the time to get to know you in order to get a clear understanding of your needs and goals when buying a home. 

A Home Financing Advisor specializes in helping you find a Scotiabank mortgage that’s right for you and will provide you with expert advice on the home financing process and beyond.

A mortgage broker is a good resource that can help find an affordable mortgage but is not connected to a single financial institution.

A financial advisor will focus on your short, medium, and long-term financial goals. They can review your current financial situation and create a financial plan to help you with budgeting, borrowing, investing, or saving for retirement.

The best time to speak with an HFA is at the beginning of your mortgage journey, or anytime you would like assistance or advice determining the best path forward in property ownership. There is no obligation when you meet with an HFA.

Your HFA can offer guidance on the best mortgage for your needs and help to determine what kind of property you can buy, or which borrowing solution might work for you. Whether you’re thinking about moving, refinancing for a renovation, or looking to use your home equity, a Scotiabank HFA can help.