Getting Pre-Approved for A Mortgage
A Look at How the Mortgage Pre-Approval Process Works Are you ready to start house hunting? Hold up! There are still a few things to consider before you start viewing homes. Before you call your real estate agent, you’ve got to figure out how much you can afford and how much you qualify for. Chances […]
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What You Need to Know About Construction Financing
Table of Contents1 We Walk You Through the Financing Process for a Home Construction Project1.1 Types of Lender1.2 Loan to Value (Percentage of The Value of the Home Being Financed)1.3 Interest Rates, Fees and Payment Structures1.4 Construction Draws1.5 What Happens Once Construction Is Complete?1.6 Final Thoughts We Walk You Through the Financing Process for a […]
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7 Mortgage Mistakes You Should Avoid
Table of Contents1 Common Mistakes Homebuyers Make When Applying for Mortgages and What to Look for In Your First Mortgage1.1 Not Checking Your Credit Score1.2 Not Saving Enough for a Down Payment1.3 Not Budgeting for All the Costs of Home Ownership1.4 Not Shopping Around1.5 Not Locking Down a Mortgage Rate1.6 Not Knowing if You Actually […]
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How to Get A Mortgage When You’re Self-Employed
Table of Contents1 Working With a Broker Can Help You Get a Mortgage With Rates that Work For You1.1 Why Net Income Matters to Lenders1.2 Common Challenges Self-Employed Buyers Face1.3 Improving Your Chances1.4 Alternative Options Working With a Broker Can Help You Get a Mortgage With Rates that Work For You Increasingly, Canadians are choosing […]
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