Radu's Toronto Real Estate Blog [ Archives ] [ Top Posts ] [ Categories ]
Jan
21
First Time Home Buyers Guide - Part 3
Written by radu
Email This Post
Print This Post
RSS 2 PDF
21
First Time Home Buyers Guide - Part 3
Part 3 of the 5 Part Series deals with Arranging Financing. Mortgage financing can be a daunting and complex task, with a multitude of financing options available to you, the home buyer. It is therefore strongly recommended that you contact an accredited mortgage professional who will be able to guide you through the various steps and options of home financing.
Step 2: Arrange Financing (Pre-Approval)
Now that you have a rough idea of the mortgage amount you can afford, the next step is to apply for a mortgage pre-approval. Your Mortgage Specialist will be able to guarantee the interest rate (generally for 45 - 90 days). With a pre-approved mortgage, you can shop with confidence, knowing how much you can spend for the home of your choice.
Whom to call…
Well, you can always visit the Canadian Institute of Mortgage Brokers and Lenders to get an idea of the Canadian Mortgage Industry and of course get info on how to contact an accredited mortgage professional.
Part 4 Will begin the section Choosing the Right Home
Radu Medan
Sales Representative
Coldwell Banker Case Realty, Brokerage
416.250.9000
rmedan@trebnet.com
Digg This! • Stumble it! • Save to del.icio.us • Submit to Reddit
Popularity: 2%
January 21st, 2007
(0) Comment[s]
Trackback URL
Filed under: Buyer Articles, General
Tagged With:
Contact Radu
Related Posts
No comments yet.