Step 1: Obtaining A Pre-Approval For Your Mortgage
Before you even look at homes you want to buy, it is very important to have a pre-approved mortgage amount that will help keep a good price range in mind.
A lender of your choice will look at your finances and figure the amount of mortgage you can afford. Then the lender will give you a written confirmation, or certificate, for a fixed interest rate. This confirmation will be good for a specific, limited period of time. A pre-approved mortgage is not a guarantee of being approved for the mortgage loan.
We suggest you bring these with you the first time you meet with a lender:
· Your personal information, including id such as your driver's license
· Details on your job, including confirmation of salary
· All your sources of income
· Information and details on all bank accounts, loans and other debts
· Proof of financial assets
· Source and amount of down payment and deposit
BENEFITS OF USING A MORTGAGE BROKER; IE. KAREN LESSER WITH HOME LOANS CANADA:
* Mortgage Brokers represent you, the customer, not the lender
* Brokers seek out the best lender package to suit your specific situation and have access to a plethora of lending institutions.
To Contact Karen call : 403-844-4566 or toll free 1-866-398-6454
To learn more subscribe to our Blog to see more helpful steps.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment