Most people require a mortgage to purchase a home. Our team of experts will explain the elements of a mortgage including type, terms and how to qualify for one. In addition, choosing the right mortgage for your needs can help you retire this financial obligation sooner.
Mortgage overview
- A review of principles including interest rates, payments, amortization period, pre-approval process and conventional and high ratio mortgages.
Choosing a mortgage to meet your needs
- Together we will take a look at the different options available, including closed, variable, assumable and vendor-buy back.
Qualifying for a mortgage
- When you are prepared and have all your documents in place, you will be approved much quicker and on your way to buying your home.
Make the most of your mortgage
- When you are shopping for a mortgage compare terms, rates and payments. Differences in these areas could save you or cost you thousands over the life of your mortgage. Our professionals will provide some suggestions on making your payments work harder for you.
Shave years off your mortgage
- Our team will provide you with a chart that shows how much money you will save by changing the amortization period and increasing your payments.
Don’t forget about these costs
- There is more to buying a home that simply the asking price. This article outlines fees that are your responsibility, including legal, service, insurance, inspection, appraisal, survey, moving and interest.