Welcome to My Mortgage Readiness Assessment!

Thinking about buying, renewing, or refinancing?

This complimentary check-up takes approximately 3 minutes to complete and helps you see:

✅ What you already have in place.

✅ What may need a little preparation.
✅ A practical next step toward your mortgage plan.

Choose what fits your situation today. 🌱

Your personalized report will bring your answers together so you can decide what to explore next.

For educational purposes only. This assessment is not a mortgage application or approval and does not confirm eligibility, borrowing amounts, rates, or terms.

Click NEXT to get started.

My Mortgage Goal

What is my mortgage goal?

Choose one that you want to accomplish.

Mortgage Goal *

First-time Homebuyer

Sell my home and buy another

Buy a rental property

Buy a newly built home or build a home

Use my home equity for renovations or another goal

Refinance to consolidate my debts

Review my options before my mortgage renewal

My Current Home

Which best describes where I live today?

Choose one.

Housing situation *

My Income Sources

Where does my household income come from?

Select all that apply to me and my co-applicant, if applicable.

My Income Source/s *

Employment, including full-time, part-time, casual, seasonal, or on-call work.

Self-employment or my own business

Rental income or investment income

Pension or retirement income, including CPP, OAS, GIS

Canada Child Benefit, Other Benefits, support payments, or financial assistance

Neither I nor my co-applicant currently receives income or regular financial support

My Benefits and Support

Which benefits or support do I or my co-applicant receive?

Select all that apply.

Benefits Support Assistance *

Canada Child Benefit (CCB)

Child support or spousal support

Disability benefits or disability assistance

Employment Insurance (EI), including maternity or parental benefits

Government income assistance

Regular financial help from my family/friends

Other benefits or support

I'm not sure which category fits

My Child's Age

How old is my youngest child for whom I or my co-applicant receives Canada Child Benefit?

Choose one. This helps consider how my household income may change overtime.

My Credit Starting Point

What is my current credit score?

Choose one. An estimate is okay.

My Mortgage Funds

How much money have I set aside for my mortgage goal?

Think about the funds I expect to need for my goal, such as a down payment, closing costs, construction deposits, or refinancing costs. Leave out emergency savings.

If I expect to use money from selling my home or accessing home equity, but it is not available yet, I can choose the final option below.

Mortgage Funds

I have most or all of my estimated funds ready—75% or more.

I have about half ready—50% to less than 75%.

I have some funds ready—more than 0% but less than 50%.

I haven’t set aside funds yet.

I’m not sure how much I’ll need yet.

I expect to use home-sale proceeds or home equity that is not available yet.

I have funds set aside for Renewal fees only.

My Monthly Debts & Support Payments

About how much of my household’s income before taxes goes toward debt and support payments each month?

INCLUDE monthly payments for car loans or leases, credit cards (minimum payment on statement), lines of credit, student loans, personal loans, and child or spousal support.

DO NOT INCLUDE mortgage payments, groceries, gas, utilities, cellphone, internet, insurance, gym membership, streaming subscriptions and childcare.

Use the table below as a guide. An estimate is okay. If unsure, choose “I’m not sure yet.”

This is a snapshot of my current payments. Mortgage qualification may use different amounts.

Table

NOTE: Mortgage qualification may use a different amount.

Monthly Debt Support Payment *

More than 15% of my gross monthly income

More than 10%, up to 15% of my gross monthly income.

More than 5%, up to 10% of my gross monthly income.

More than 0%, up to 5% of my gross monthly income.

I have no monthly debt or support payments—0%.

I’m not sure yet.

My Monthly Payments and Savings

How are my monthly payments and savings going?

Think about housing, bills, monthly expenses, debt payments, and savings.

Choose the answer that best fits your recent experience.

Monthly Payments and Savings *

I pay on time and save regularly.

I pay on time and save when I can.

I pay on time but I have little or nothing left to save.

Some months, I fall behind or borrow to cover expenses.

I'm working on catching up on payments or following a debt repayment plan.

My Next Step

How do I feel about taking my next mortgage step?

Mortgage Ready

I know what I want and feel ready to take the next step.

I know what I want, but I'd like guidance before moving forward.

I'm ready to prepare, even if my mortgage move is still further away.

I'm still exploring what would work best for me.

I'm not sure yet - I'd like help finding my starting point.

My Timing

When would I like to take my net Mortgage step?

An estimate is okay. Choose the timing that feels closest to your plans.

Nice work! You are one step closer to your Mortgage Goal!

My personalized report will bring together:

✅ My financial readiness snapshot.

✅ How I feel about moving forward.
✅ Practical next steps for my mortgage goal

Where should we send your report?

First Name *

Last Name

Province *

Country *

Phone *

Email *

SMAC Privacy Policies

Consent for Communication

I agree to receive text messages from Sharon Marie Cruz | SMAC regarding my assessments, results, and related follow-ups. Message frequency varies. Message and data rates may apply. I can opt out at any time by replying STOP.

I agree to receive occasional promotional text messages from Sharon Marie Cruz | SMAC about financial education, insurance, mortgages, and related services. Message frequency varies. Message and data rates may apply. I can opt out at any time by replying STOP. Consent is optional and is not required to receive my assessment results.