Mortgage Info

Usually, the best place to start when you are looking for a home is with the mortgage. It is important not only to determine how much you are able to spend, but also how much you would be comfortable spending on your new home.

Obtain a Pre-Approved Mortgage

Having a pre-approved mortgage will give you the confidence of knowing exactly what you can spend on a home before you start looking. You will also be protected against interest rate increases while you look for your new home.

Your Mortgage Specialist will answer your questions and help you determine which financing terms and options are right for you. Call your Mortgage Specialist and get pre-approved today.

Finalize Your Mortgage

Once you’ve found the home you want to purchase, there are some documents you’ll probably be asked for in order to finalize your financing. They will include:

• A copy of the real estate listing of the property. If the home is still to be built, the mortgage lender will need to see the architect’s or builder’s plans and details on lot size and location.
•  A copy of the offer to purchase or the building contract, if this document has been prepared.
•  Documents to confirm employment, income and source of down payment (if not provided at pre-approval).

If you have a Pre-Approved Mortgage, it’s a simple matter of finalizing a few details which your Mortgage Specialist will explain to you.