Steps to Obtaining a Mortgage

Steps to Obtaining a Mortgage If you have been curious about the process in getting a new mortgage then this blog should answer some of the questions you may have! 1)Speak to a Mortgage Broker about obtaining a pre-approval. Remember a pre-approval only gives you a general idea of the price range you should be shopping in. It can also hold an interest rate for you while you search for your home. 2)Once your Mortgage Broker has given you your pre-approval you can now contact your realtor about starting the search for your home. 3)When you have found a house you want to purchase and an offer is…

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Why Are You Looking to Buy a Property?

If you are looking to buy a home, the first thing to think about is: Why: There are many reasons for buying a home, is it to live in, rent out or buy and sell as an investment? All are great reasons, the why will help you know how and what?? Important before the How and What: Get a Pre-approval!!! This is bar none the absolute most important first step! You can not get to the next step until you know if you can even purchase a home. In today’s financial system you need to prove income, debt and down payment source before it can be determined what…

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