Where We Build
Shane Communities Development
Trusted Mortgage Partners.
When homebuyers are connected with trusted mortgage partners, they will understand how rates affect them and the many options available to help them purchase their new home.
MortgageTree
At MortgageTree, we know that financing real estate isn’t just about securing a traditional mortgage; it’s about what happens between the time you decide to make a purchase and when you close on the property.
As the mortgage landscape evolves at an ever-increasing pace, you can have full confidence that your MortgageTree advisor is with you every step of the way, working on your behalf to secure a mortgage that meets your unique needs.
ATB Financial
Shane Homes and ATB Financial have partnered to offer new home buyers a suite of incentives, including expedited mortgage pre-approvals, preferred rates, and consideration of up to 100% of legal suite income on insured mortgages.
A cash incentive up to $6,000 is available, and new ATB banking customers can receive a free year of banking with a bonus account. Dedicated specialists are available to guide clients. Terms and conditions apply; contact an ATB Financial mortgage specialist for details
BMO
BMO offers exclusive home financing solutions to help you make real financial progress.
- Secure a builder rate hold for up to 36 months, with firm approvals and appraisals that require no income or credit re-evaluations.
- Enjoy the flexibility to convert to a market rate at closing with a 130-day lock—the longest guarantee among major Canadian banks.
- Maximize your borrowing power by financing up to 80% of your home’s appreciated value from contract to closing, including options for assigned units.
Connect with BMO today to get started!
RBC
Royal Bank of Canada offers a range of products and services to help Shane Homes meet a variety of buyer needs:
- Fast, firm approvals
- Competitive rate commitment periods
- Mortgage financing available for upgrades
- Home Protector Insurance
For assistance and further information, please reach out to the following Royal Bank of Canada Mortgage Specialists:
MORTGAGE OFFER FOR NEW BUILD HOMEBUYER
What NOT to do before you move into a new home.
Avoid these 7 common mistakes before you move in and close on your mortgage:
Do not make any large purchase, including a lease or loan – wait until after you move in!
Quit or leave your job within 6 months of possession
Spend the money you need for a down payment on closing costs
Do not do anything that will hurt your credit
Do not take on your own or co-sign/guarantee someone else’s mortgage or loan.
Do not transfer/deposit funds in the account used for your down payment that aren’t normal/required.
Do not unnecessarily submit multiple mortgage applications
Navigating Mortgage Interest Rates in 2025.
Frequently Asked Questions
You can get pre-approved for a mortgage by submitting an application through a mortgage broker or lender. They will assess your financial situation and provide you with a pre-approval letter that indicates the loan amount you qualify for.
Typically, you will need proof of income, employment verification, credit history, identification, and details about the property you wish to purchase. Specific requirements may vary depending on the lender. These documents help in securing a construction loan or traditional mortgage.
There are a few different incentives and programs available for first-time homebuyers in Canada.
The Home Buyers’ Plan (HBP) allows first-time homebuyers to withdraw up to $60,000 from their Registered Retirement Savings Plan (RRSP) to buy or build a qualifying home. Couples can withdraw up to $70,000 combined. The amount must be repaid to the RRSP within 15 years.
Additionally, the First-Time Home Buyers’ Tax Credit (HBTC) provides a non-refundable tax credit for eligible first-time homebuyers in Canada. For the 2022 and subsequent tax years, the amount has increased to $10,000, resulting in a tax credit of up to $1,500.
Provincial programs may also offer further support, such as land transfer tax rebates or other financial assistance. It’s important to check with your mortgage advisor to see which programs you may qualify for and how they can benefit you.
The mortgage approval process can vary but generally takes anywhere from a few days to a few weeks. The timeline depends on the complexity of your application and the responsiveness of all parties involved.
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