Genworth Canada publishes guide for first-time buyers

Private mortgage insurer Genworth Canada has published a workbook for first-time homebuyers.

The free guide covers topics including what to consider when buying a home, what to expect from the homebuying process, and how to budget for the maintenance of the home.

It also covers affordability and household budgets and how financial stability and credit management are critical to qualifying for a mortgage.

Written in simple language, it guides those who have never bought a home before through the stages of homebuying, advising on documents and information that buyers will require.

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