Let us guide you on your journey to Home Ownership
HOW TO PREPARE
- 1 Save, save, save. This will reduce borrowing and help to finance the extensive cost involved in homeownership
- 2 Be realistic with what you can afford – get pre-approved!
- 3 Obtain your free first time Credit Report
- 4 Submit all documents in a timely manner
- 5 Identify all costs, legal and otherwise
- 6 Understand the insurance options and which one works best for you
MORTGAGE APPLICATION IN 5 STEPS
Pre-approval
Getting pre-approved for a mortgage is a wise and important step to take on your journey towards owning your home. It involves the assessment and verification of your income, personal expenses and obligations to determine how much you can afford when looking for properties. Once complete, we will provide a Pre-approval letter, which is a conditional offer outlining the loan amount you are eligible for based on the information you have presented. You may use this to make an offer to a seller or show that you are an eligible candidate.