Ask yourself:
- For both now and the long term, does home ownership make sense and sound attractive?
- Do you have the means for a down payment?
- Can you manage the various expenses? Such as mortgage payments, maintenance costs, and higher insurance fees?
If you answered yes, then you could begin exploring your mortgage options right away.
Purchasing a home is an exciting time, but as a big commitment it can be stressful. Not only for first-time home buyers but for move-up buyers too. Your mortgage could be the single most important financial decision you will ever make. A lot of information about you and your finances is required to qualify you for a mortgage, so having an experienced mortgage professional to help guide you through can help simplify the process.
Pre-approval can ease much of the stress of home buying. By talking to a mortgage broker early you can find out how much you qualify for at the start of your search. Providing you professional mortgage advice that best suits you and your family is what I do best. I will work for you to get you qualified.
What is the best mortgage option?
Whether you are an experienced buyer, or it is your first time, choosing a mortgage that best suits your financial goals can be challenging. Your report may even contain derogatory items, but that does not necessarily prevent you from qualifying for a mortgage. There are many facets to consider when answering the question ‘should I buy now?‘:
- Current market conditions
- The type: fixed rate or variable rate
- Whether you want an open mortgage or closed mortgage
- The down payment
- The term length and amortization period
- Frequency of payments...
… and the most important: what mortgage promotions can you take advantage of?
Take the stress out of the stress test. As a mortgage specialist I will provide you with expert advice to help navigate all your best options.