Purchasing a home is one of life's major financial decisions, underscoring the importance of being well-informed. I am committed to guiding you through every step of the home-buying journey, from the initial decision to purchase until you are settled in your new home.
Why work with me?
- I like to begin with a conversation about your current situation and goals, as it enables us to work together on developing a tailored plan to secure the perfect mortgage for you.
- I'll explore a range of mortgage products that align with your plan, presenting them to you and offering advice on selecting the one that best fits your financial circumstances.;
- there are quite a few documents required when applying for a mortgage. I will guide you through the documentation necessary to secure mortgage approval.
- I will help you customize your mortgage options to suit your needs and financial situation.
- I will go over all the other fees that will be part of your closing costs so there are no surprises.
Put together your home-buying team
It helps to organize your home-buying team of professionals to assist you with the process at the start. Your home buying team includes me, your Realtor, a home inspector, a lawyer or notary, and an insurance agent!
KEY POINTS TO CONSIDER: Here are several key points to keep in mind as you start the home-buying process and how working with a mortgage broker can help you. Keep in mind, in most instances, my services are no cost to you with no risk and obligation.
- Know what you can afford
- Get a rate guarantee of up to four months
- Ensure all credit approval documentation are in place sooner than later including documentation required for different income types i.e. salaried vs. self-employed
- Open vs. closed mortgage, fixed rate vs. variable rate mortgage
- Conventional vs. high-ratio mortgage
- Length of repayment (amortization) - up to 30 yrs
- Your mortgage term - from 6 months to 10 years
- Other costs you need to consider such as legal fees, land transfer tax, survey, title insurance, fire insurance, home inspection and HST
Overwhelmed? Let's chat and I will clarify each one of these points for you! Together we can review your options and create a mortgage financing plan that works for you.