The Various Steps of the Mortgage Process From Pre-Approval to Closing
Everything You Need to Know About Obtaining a Mortgage After you’ve found your dream home and had your offer accepted, it may feel like it’s all downhill from here, but in reality, you still have a long road until closing. From getting approved for a mortgage to filling out paperwork and everything in between, we […]
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Things To Avoid After Obtaining Mortgage Pre-Approval
Why You Should Remain Cautious Even With Mortgage Pre-Approval Gearing up to buy a home can be stressful, but one of the ways to help ease that stress is to secure pre-approval for a mortgage. However, once you’ve ticked that box, it’s important to manage your financial behaviour carefully until you actually take possession of […]
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The Risks of Putting In an Offer Without a Financing Condition
Key Takeaways You are legally committed to buy the property, even if your mortgage is denied You can lose your deposit if financing falls through You may need to cover appraisal shortfalls out of pocket You could be approved for less than expected, creating a funding gap You may face legal action from the seller […]
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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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