What are closing costs when buying a home?
closing costs / Documents / Downpayment / First Time Home Buyer / Lenders / mortgage / Purchase / Qualifying / Uncategorized

What are closing costs when buying a home?

While your down payment plus the mortgage will cover the purchase price of your home, you do need to be prepared to come up with even more money for all of the other expenses involved when getting a mortgage. You’ll pay some costs at the beginning of the home-buying process and others, known as closing … Continue reading

5 Do’s and Don’ts for Homebuyers
Broker vs. Bank / Credit / Documents / First Time Home Buyer / Lenders / mortgage rule changes / Pre-Approvals / Purchase / Qualifying / Rates & Terms / Rules / Uncategorized

5 Do’s and Don’ts for Homebuyers

It’s not every day that you spend thousands of dollars buying a new home. Below are 5 important actions that every Homebuyer should be aware of. With this in mind I suggest starting with making a plan of exactly what you want, do your research and look into advice offered by several experts. You may … Continue reading

You can’t live in your car!
Broker vs. Bank / Credit / Debts / Income / Lenders / mortgage rule changes / Pre-Approvals / Purchase / Qualifying / Rules / Uncategorized

You can’t live in your car!

When it comes to qualifying for a mortgage, the current debts you have can determine what purchase price you can buy at. I often hear from people who have worked very hard to maintain a good credit score and have finally saved up the down payment and are now ready to buy. However, after my … Continue reading

Relationship Breakdown Mortgage Refinance
Credit / Debts / divorce / Downpayment / Lenders / Mortgage Renewal / Purchase / Qualifying / Refinance / Relationship Breakdown / Rules / Uncategorized

Relationship Breakdown Mortgage Refinance

If you own and live in a home with a sibling, partner or spouse, common law or married, and have decided to part ways; read on. I believe one of the most stressful issues of a relationship breakdown is what to do about the jointly owned home and mortgage. Over the years I have helped … Continue reading

Is a purchase plus improvement mortgage for you?
Broker vs. Bank / Documents / Lenders / Purchase / Qualifying / Rates & Terms / Refinance / Rules / Uncategorized

Is a purchase plus improvement mortgage for you?

Your realtor opens the door to the house you think just may be the ideal home for you, decent condition and located in a great neighborhood you have had your eye on for a long time. Once your eyes adjust to the dark interior, you see to your horror, chocolate brown carpet everywhere including in … Continue reading

Why use a Mortgage Broker?
Broker vs. Bank / Credit / Documents / First Time Home Buyer / Lenders / Pre-Approvals / Purchase / Qualifying / Uncategorized

Why use a Mortgage Broker?

It’s not every day you spend 100,000’s of dollars on buying a home. The stress this creates for many people can be huge, but it doesn’t have to be. You ask how this can happen? Easy… Surround yourself with a team of experienced professionals! An experienced realtor will insist you start with arranging your financing … Continue reading

First Time Home Buyer? What you should know.
Broker vs. Bank / Credit / First Time Home Buyer / Insurance / Lenders / Pre-Approvals / Purchase / Qualifying / Uncategorized

First Time Home Buyer? What you should know.

If you’re ready to buy your first home and want to have a smooth and successful home purchasing experience, avoid these common first-time home buying mistakes. Find a good Mortgage Broker Ask for recommendations from friends, family and co-workers to find the professional that is right for you. If you are looking on-line, read the … Continue reading