--- title: Buying a Home in Alberta description: Mortgage lending rules in Canada vary depending on property type and intended use and there is often more than one rule book that applies. Learn more. --- [![Richards-Mortgage-Group-LOGO](https://www.richardsmortgagegroup.ca/hs-fs/file-2071180059-png/RMG-img/RMG-HomePage/Richards-Mortgage-Group-LOGO.png?width=350&name=Richards-Mortgage-Group-LOGO.png)](https://115190.hs-sites.com/richards-mortgage-group-home) [![facebook](https://www.richardsmortgagegroup.ca/hs-fs/file-2070806601-png/RMG-img/RMG-HomePage/fb.png)](https://www.facebook.com/richardsmortgagegroup)[![twitter](https://www.richardsmortgagegroup.ca/hs-fs/file-2071180019-png/RMG-img/RMG-HomePage/tw.png)](https://twitter.com/MortgageIntell)[![google plus](https://www.richardsmortgagegroup.ca/hs-fs/file-2070806606-png/RMG-img/RMG-HomePage/gp.png)](https://plus.google.com/+RichardsMortgageGroupCanada/about)[![linkedin](https://www.richardsmortgagegroup.ca/hs-fs/hub/115190/file-2070806596-png/RMG-img/RMG-HomePage/li.png)](https://ca.linkedin.com/in/richardsmortgagegroup)[![LET’S TALK](https://no-cache.hubspot.com/cta/default/115190/e82b3a4f-447a-4c33-b6c9-d1f754bc1167.png)](https://cta-redirect.hubspot.com/cta/redirect/115190/e82b3a4f-447a-4c33-b6c9-d1f754bc1167) # You Want to Buy a Property Mortgage lending rules in Canada vary depending on property type and intended use. Sometimes the rules overlap and finding the right lending program can be a tad confusing . Let us help - learn more here! ![First Time Home Buyer Canada Cochrane](https://www.richardsmortgagegroup.ca/hubfs/images/Buy-FirstTimeBuyer.jpg) ## First Time Buyer Buying a home for the first time can seem overwhelming and confusing. We're here to help you understand the ins and outs of buying your first home. [Learn More](https://www.richardsmortgagegroup.ca/first-time-buyers) ![Buy-RepeatBuyer.jpg](https://www.richardsmortgagegroup.ca/hubfs/images/Buy-RepeatBuyer.jpg) ## Repeat Buyer As a repeat buyer, you know that a quality mortgage professional saves time and money, a must-have during the home financing process. [Learn More](https://www.richardsmortgagegroup.ca/repeat-buyers) ![Buy-Suited.jpg](https://www.richardsmortgagegroup.ca/hubfs/images/Buy-Suited.jpg) ## With a Rental Suite With the price of homes these days, often aspiring homeowners will consider buying a property with a self-contained rental suite as a mortgage helper. [Learn More](https://www.richardsmortgagegroup.ca/buy-home-with-a-rental-suite) ![Buy-FixerUpper.jpg](https://www.richardsmortgagegroup.ca/hubfs/images/Buy-FixerUpper.jpg) ## Fixer-Upper Buying a home in need of some TLC might be a good way to get into property ownership at a lower cost, but understand the process first as it can be tricky. [Learn How](https://www.richardsmortgagegroup.ca/fixer-upper-mortgage) ![Buy-RentalUnit.jpg](https://www.richardsmortgagegroup.ca/hubfs/images/Buy-RentalUnit.jpg) ## Income Property There are many advantages to owning income properties: Tangible Assets, Income, Appreciation & Tax Savings [Learn More](https://www.richardsmortgagegroup.ca/income-property) ![Buy-VacantLot.jpg](https://www.richardsmortgagegroup.ca/hubfs/images/Buy-VacantLot.jpg) ## Vacant Lot/Land Time to buy that dream parcel of land that is a perfect fit for your future plans? Learn about the lending considerations. [Learn More](https://www.richardsmortgagegroup.ca/vacant-lot-raw-land-mortgage-canada) ![Buy-NewConstruction.jpg](https://www.richardsmortgagegroup.ca/hubfs/images/Buy-NewConstruction.jpg) ## New Construction Building a New Home means understanding the construction mortgage process and choosing what is best for you. [Learn More](https://www.richardsmortgagegroup.ca/residential-construction-mortgage-canada) ![Buy-Green.jpg](https://www.richardsmortgagegroup.ca/hubfs/images/Buy-Green.jpg) ## Green Build Purchasing a "green build" home can mean significant mortgage insurance premium savings and other benefits. [Learn More](https://www.richardsmortgagegroup.ca/green-home-financing) ![Buy-AcreageBus.jpg](https://www.richardsmortgagegroup.ca/hubfs/images/Buy-AcreageBus.jpg) ## Acreage Provided you are not planning to grow crops or raise animals for sale, financing a home in the country is quite similar to financing an urban home [Learn More](https://www.richardsmortgagegroup.ca/acreage-mortgage-canada) ![Buy-Kids.jpg](https://www.richardsmortgagegroup.ca/hubfs/images/Buy-Kids.jpg) ## Home for the Kids Student housing can be expensive. Learn about buying a property to house your university-bound children as an investment strategy. [Learn More](https://www.richardsmortgagegroup.ca/university-bound-purchase-or-rent) ![Buy-Cottage.jpg](https://www.richardsmortgagegroup.ca/hubfs/images/Buy-Cottage.jpg) ## Vacation Homes Learn about financing a second home, such as a summer cottage, or other recreational property, including foreign property. [Learn More](https://www.richardsmortgagegroup.ca/financing-a-vacation-home-or-cottage) View Our Current Mortgage Rates [![CURRENT MORTGAGE RATES](https://no-cache.hubspot.com/cta/default/115190/11e7ad43-d0a1-499d-8592-d1249a04dcf8.png)](https://cta-redirect.hubspot.com/cta/redirect/115190/11e7ad43-d0a1-499d-8592-d1249a04dcf8) [![APPLY NOW](https://no-cache.hubspot.com/cta/default/115190/772d8183-aae7-4e72-a49f-0c57be1f0923.png)](https://cta-redirect.hubspot.com/cta/redirect/115190/772d8183-aae7-4e72-a49f-0c57be1f0923) Contact Us Richards Mortgage Group 73 Riverview Circle Cochrane, AB T4C1K3 T: 587.774.6290 TF: 1.888.540.1715 Fax: 587.315.6117 [Contact Us](https://www.richardsmortgagegroup.ca/contact) Connect With Us [![facebook](https://www.richardsmortgagegroup.ca/hs-fs/file-2079671164-png/RMG-img/RMG-HomePage/footer-fb.png)](https://www.facebook.com/richardsmortgagegroup)[![twitter](https://www.richardsmortgagegroup.ca/hs-fs/file-2079671174-png/RMG-img/RMG-HomePage/footer-tw.png)](https://twitter.com/mortgageintell)[![google plus](https://www.richardsmortgagegroup.ca/hs-fs/file-2079165796-png/RMG-img/RMG-HomePage/footer-gp.png)](https://plus.google.com/+RichardsMortgageGroupCanada/about)[![linkedin](https://www.richardsmortgagegroup.ca/hs-fs/hub/115190/file-2079671169-png/RMG-img/RMG-HomePage/footer-li.png)](https://ca.linkedin.com/in/richardsmortgagegroup) Recent Blog Posts ### Recent Posts Brokerage Head Office [![Quantus Mortgage Solutions](https://www.richardsmortgagegroup.ca/hs-fs/file-2188912383-png/RMG-img/RMG-HomePage/Quantus-transparent-2.png?width=169&name=Quantus-transparent-2.png "Quantus Mortgage Solutions")](http://www.qmortgage.ca/) 6025 12 St SE, Suite 235 Calgary, AB  T2H2K1 403.238.3111 Canada [Privacy Policy](https://115190.hs-sites.com/privacy-policy)