What this playbook covers
Built for Alberta’s teachers, educational assistants, administrators and everyone else who keeps a school running, the Educators Playbook explains how the Educators’ Home Advantage Program works and how a mortgage approval fits around a teaching career — including temporary and probationary contracts, ten-month pay and summer income gaps.
Inside you’ll find the full mortgage roadmap from discovery call to possession day, the four things every lender qualifies you on, the difference between conventional and insured financing, a clear breakdown of upfront costs, and a terminology index so nothing in your commitment letter is a surprise.
What’s inside
- What the Educators’ Home Advantage Program is and who qualifies
- Your mortgage roadmap: discovery call, pre-approval, the hunt, approval, closing
- Getting qualified: income, credit, down payment, assets and liabilities
- Financing options: conventional, insured and alternative lending
- Breaking down costs: deposit, down payment, legal, appraisal, insurance
- The anatomy of a mortgage payment
- Terminology index and monthly budget tracker
- Your next steps
A look inside
Good questions
Often, yes. Lenders look at contract history, the school division and the likelihood of renewal. The playbook covers what documentation helps, and we know which lenders are comfortable with education contracts.
The program is about matching educators with lenders and products that fit how they are paid and how their careers progress — including competitive rates and flexible down-payment options. We never promise a rate buy-down; we show you the whole offer.
No. It applies to public, Catholic, francophone, charter and private school employees anywhere in Alberta, plus post-secondary staff.
Yes. The application is based on the household. The educator’s income is simply documented in the way lenders prefer.
