Depending on how much of a downpayment you can afford, here are your mortgage options:

Disclaimer: Interest rates are effective as of June 17, 2008 and are subject to change. This information is provided for illustration purposes only. Quoted rates are based on a 30-year amortized loan and are subject to buyer credit qualification. Please contact Mattamy Home Finance (hyperlink) or your preferred lender for more information.

Consider the following possibilities to help you save what you’ll need to enter the new home marketplace.

• Simply start saving by having a pre-determined amount of money transferred from your checking to your savings account each month.
• If you are a first-time buyer, consider borrowing money from your retirement account.
• Consider moving to a less expensive rental unit and save the difference each month toward your downpayment.
• Consider a second job with the income going directly toward saving for your downpayment and increased monthly payment.
• Borrow from family; relatives may be happy to help.
• Pass up luxuries such as movies and eating out, and deposit the money you would have spent into savings..

• Ask people who have purchased from the company previously about their home and their buying experience.
• Take a drive through completed neighbourhoods by that builder and look at the architecture and streetscapes.
• Tour model homes whenever possible for a first-hand look at design, quality and craftsmanship.
• Visit the builder's website and read about the company's history, accomplishments, awards, etc.
• The U.S.-based consumer research firm J.D. Power and Associates now offers ratings on new home builders in some areas — you can access these findings at www.jdpower.com

1. Sign Purchase and Sale Agreement - Sales Administration staff will enter the required information and send copies to the purchaser and Real Estate agent if applicable.
2. Design appointment - The Design Consultant assigned to each specific purchaser will contact that person to come in and choose colors, features and finishes, and arrange for requested structural changes, where possible. In some cases, the purchaser may have two Design Center appointments.
3. Mail Design Center Information Package - In some cases, depending on the community, Mattamy will mail this package to the purchaser; in others, the purchaser will receive the package when the Agreement is signed.
4. Home start (foundation) - The start of construction on your future home is an exciting step.
5. Construct roof - The home takes on even more character as the building goes up.
6. Frame walk appointment - At a prearranged appointment, a member of the building team will guide purchasers through their home before it is dry-walled, review any structural changes requested at the Design Center appointment and answer questions.
7. Electrical rough - Any systems such as electrical, air conditioning /heating, plumbing are installed prior to drywall installation.
8. Drywall - Sheetrock is hung and prepared for paint.
9. Kitchen cabinets installed - Again, this is an exciting step in the finishing of your home.
10. Contact your loan officer to ensure everything is in order - Your sales representative will remind the purchaser of these responsibilities.
11. Flooring and finishes - It's time for the finishing touches such as tile, carpet, fixtures and appliances. The home is taking on the look of a real home.
12. Quality assurance walk - Once the home is complete, a quality insurance inspector walks your home to insure it is up to our high standards, even before you have your final walk through.
13. New Home Orientation - This is an opportunity for you to walk your home for the first time after completion. We present the home to you, and explain the benefits, features, warranty policy and operation of all components in the home.
14. Closing day - home delivery appointment - The builder will take the purchaser through the completed home on closing day to insure you are completely satisfied and to answer any last-minute question you may have about your home.
15. 30-Day Warranty Service call - Approximately 30 days after closing, a Customer Service will contact the purchaser and set an appointment to inspect the home and answer any questions that have come up in the first 30 days of occupancy.
16. AVID ™ Customer Service Satisfaction Survey - Purchasers are informed that they will receive this survey one month, and one year after closing.
17. Curbs, sidewalks, driveways, sod installed - Onsite Customer Service will contact the purchaser with dates.
18. Even month inspection Warranty Service call - Onsite Customer Service will contact the purchaser about this appointment.
19. AVID ™ Customer Service Satisfaction Survey - Purchasers will be informed that they will receive this survey one year after closing.

At Mattamy Homes, we believe it is important to keep the lines of communication open throughout the New Home Buying Process, from before you move in until you have lived in one of our communities for more than one year. Listening to what our homeowners have to say helps us to ensure that we are with you every step of the way.

From the time you decide to buy a home, until after you move in there will be choices you must make, therefore it is important to know some of the do's and don'ts of buying and keeping up a home. You will find the information in this section very practical and useful throughout your journey, while learning about the ins and outs of the housing market.