Determine exactly how much you can afford before we start looking. Your dream home could arrive on day one of your search. Lets’ get prepared.
Sit down with a mortgage specialist to discuss your financial strategy and needs including: mortgage amount, down payment, and purchase price. They’ll explain your mortgage options (fixed vs. variable rate, interest terms, payment options, and amortization) and discuss which of them best suit your needs. At that point you would proceed with the pre-approval paperwork.