Ready for Your Next Home?
For Calgary and Alberta homeowners upsizing or downsizing. Your equity is the key to your next purchase, and we plan the timing, financing and risk so you're not stuck carrying two properties.
The short answer
When you move up in Alberta, your equity (home value minus mortgage and selling costs) becomes your next down payment. You can sell first, buy first with a financing condition, or use bridge financing once your sale is firm. You may also be able to port your current mortgage to avoid a penalty. Get your mortgage plan before you list, so your REALTOR® can set dates and conditions around real numbers.
Lacroix Mortgage Group is a Calgary mortgage team licensed with and powered by Mortgage Connection Inc., a mortgage brokerage licensed in Alberta by the Real Estate Council of Alberta (RECA), and part of the DLCG network. Our brokers are individually licensed. See licence details.
How a Move Up Works With Us
- 1
Assess Your Equity
We calculate the equity in your current home and how far it takes your next purchase.
- 2
Plan Your Timing
Buy first or sell first? We run the numbers, including bridge financing if needed.
- 3
Secure Your Financing
Get pre-approved for your next home while we coordinate the financial side of the move.
- 4
Move In
With timing and financing sorted, you move into your next home without the stress.
Upsizing or Downsizing?
Upsizing Your Home
- Use existing equity for a bigger down payment
- More space for a growing family
- Move to the neighbourhood or school you want
- Get the features you've always wanted
Downsizing Your Home
- Free up equity for retirement or investing
- Lower monthly costs and maintenance
- A simpler lifestyle with less to manage
- Stay mortgage free or close to it
Why Move Up Buyers Choose Us
We run the mortgage side of moving from one home to another, and work closely with your REALTOR® on timing. Tim Lacroix is also a licensed REALTOR®, so both sides of the move can be planned together.
- Clear advice on buying first vs selling first
- Bridge financing when you need it
- Your real equity and buying power, calculated
- Coordination with your REALTOR® on dates and conditions
- Porting and blend and extend options reviewed
- Access to 50+ lenders
Plan Your Next Move
We'll review your equity, budget and timing so you can decide: buy first, sell first or bridge.
The Complete Move Up Buyer's Guide
Equity, buy first vs sell first, bridge financing and timing your sale and purchase in Alberta.
Read the Complete Guide →Questions Move Up Buyers Ask
How does buying and selling at the same time work in Alberta?
Most move up buyers either sell first and then buy, or buy first with a financing condition. The plan is built around possession dates, conditions and access to your equity. A clear timeline reduces the risk of owning two homes at once.
Complete move up buyer guide → What is bridge financing and how does it work in Canada?
Bridge financing is a short term loan that covers the down payment on your new home until your current home's sale closes. Lenders usually need a firm, unconditional sale in place before they approve it.
Bridge financing explained → How does equity in my current home affect my next purchase?
Your equity, which is your home's value minus what you owe and selling costs, becomes the down payment on your next home. More equity means a bigger down payment, more lender options and stronger buying power.
Should I sell first or buy first in Calgary?
Selling first lowers financial risk but may mean temporary housing. Buying first is more convenient but you could carry two homes for a while. The right choice depends on the market, your equity and how much risk you can handle.
Sell first vs buy first → Can I port my mortgage when I move to a new home?
Porting moves your existing rate and terms to the new property and can avoid a penalty. Not every mortgage is portable and you still have to qualify. It is not always the cheapest option, so compare it with a new mortgage.
Mortgage porting guide → How do I avoid being stuck owning two homes at once?
Plan the timing, finance conservatively and have a backup plan. Longer possession dates or bridge financing can act as buffers. Your mortgage broker and REALTOR® should work from the same numbers from day one.
What Calgary Clients Say on Google
5.0 from 239 Google reviews
"You truly will never find better than Tim for a broker! He is more knowledgeable and responsive than anyone I've ever worked with in my multiple house purchases. Tim and team have been amazing through a very long complicated process! They are patient and so knowledgeable. I've bought and sold many houses and will never use anyone but Tim and team."
"Working with Tim and his team has been an outstanding experience from start to finish. They were professional, responsive, and incredibly knowledgeable throughout the entire process. Porting our mortgage could have been stressful, but they made it feel effortless. Their clear communication and attention to detail ensured that everything went smoothly and on schedule."
"Tim Lacroix and his mortgage team were fantastic during our recent move. They secured the best available rate for our new home and stayed in constant contact throughout the process. They also helped coordinate the sale of our old home and arranged seamless bridge financing for the few overlapping days between possession dates. A special thank you to Colton for his quick and helpful replies. Highly recommend!"
Ready to Plan Your Next Move?
A quick conversation shows you your equity and timing options.
Or call (403) 648-1541