Arranging a Mortgage

Oct 25, 2018 | 0 comments

Arranging financing for your home can often be a confusing process, with many options to choose from. That’s why it’s important to talk to the experts. You’ll find expert advice and the tools you need to make arranging a mortgage an easy and comfortable experience. My professional recommendation is to contact a mortgage broker instead of going directly to a bank. A mortgage broker has greater access to mortgage products, which means that you can get a better rate or better terms. For a list of mortgage brokers that I recommend, contact me here.

For a list of Mortgage Rates: Click Here 

Making the Mortgage Decision

You’ve found the perfect home. Before you buy, it’s important to make sure that you have a mortgage payment plan that works for you, you can talk to your mortgage broker more about this. Ensure that you get pre-approved for a mortgage before going house shopping! This is so that you can determine what you can afford.

Understanding the Right Mortgage Payment Plan for You

A Larger Down Payment Means Greater Savings.The size of a down payment can vary and generally ranges from 5% to 20% of the purchase price. When structuring your mortgage, keep this is mind to help save you money.

Use this mortgage payment calculator to calculate your potential mortgage payments and work out the mortgage payment plan that is right for you.

Finalizing Your Real Estate Purchase

Ensure that the home buying process comes to a successful close by taking advantage of these resources:

Completing the Paperwork  
Arriving prepared with all the documentation you need to secure your mortgage will make the process quick and easy!

Closing Costs
When buying a home there are legal and administrative fees and disbursements. Knowing what to expect can help you prepare a more accurate budget and lead to a more comfortable home-buying experience.

Protecting Yourself and Your New Investment 
Build convenient, affordable insurance coverage right into your mortgage.