Buying your first home is an exciting time! You're about to take a big step so you'll definitely need some advice from a mortgage professional. With access to multiple lenders, we'll help you find the best rates and best mortgage options to help you buy your home.
Where To Begin
Pre-Approval - The first and most important step is knowing what you are qualified to buy. This will save you valuable time, and give some a reality check. Plus, you`re rate hold for up to 120 days (some lenders offer up tp6 month rate hold) to secure the lowest rate while you search.
Credit Report - A credit report is a history of how consistently you pay your financial obligations. It is created when you first borrow money or apply for credit and is built over time. Details, such as when you opened up your account, timeliness of your payments, and if you have gone over your credit limit, are shown in full. Read more.
Make A CheckList - Moving Day is an exciting day but it can also be a very stressful time. It’s always a good idea - whether you’re moving to a smaller or larger place, locally or long distance -to ensure that no detail goes unaccounted for so that everything goes smoothly on the moving day. Consider the following checklist to help you plan for a move that proceeds as orderly and as painlessly as possible.
Mortgage Broker - Finding the perfect rate and lender is time consuming, and if you choose wrong, it can cost you thousands of dollars. A Licensed Mortgage Broker is constantly aware of changes in interest rates and mortgage offers.
Realtor - You'll typically rely on a real estate agent to help you through the purchase process on the resale market. Since home buying is complicated, real estate agents can help guide you through much of the paperwork, particularly around initiating and completing a purchase.
Lawyer - A lawyer will review the agreement of purchase and sale, ensures all closing documents, including title search and title insurance, have been completed properly, obtains signatures and records documents with the appropriate provincial land transfer office.
It is also important to have a good understanding of the mortgage process, closing costs, and on-going monthly costs that are involved in purchasing a home.
Contact me today and lets begin.