Your search results

Arranging Financing

Get a Mortgage Pre-Approval

An important ingredient in a successful home search is knowing how much you can afford. You don’t want to fall in love with a property only to find out it’s outside your price range.

That’s why I recommend getting a Mortgage Pre-Approval. This is a document from your bank or other lender stating how much of a mortgage they are willing to give you. There are two advantages to getting this pre-approval:

  • It gives you the peace-of-mind of knowing you can afford homes you view on the market, and won’t have problems arranging financing.
  • It’s a sign to sellers that you are a serious, prepared buyer – which gives you the edge when making an offer.

You can arrange for a Mortgage Pre-Approval with your bank or other lenders, or by working with a good mortgage broker. I’m well-connected in the local real estate scene, so if you want me to recommend a reputable broker or lender, please contact me.

How Much Home Can You Afford?

Banks and lenders use specific criteria to determine how much of a mortgage they’re willing to offer you. They look at your income, expenses, credit history and employment status, as well as the down payment you plan to make on a home. It may seem like a scary process, but it is actually straightforward. You can usually get a Mortgage Pre-Approval in a day. You’ll be glad that you did.By knowing what you can afford, you can confidently shop within that price range. For example, if you qualify for a $250,000 mortgage, and you have another $100,000 available as a down payment, you can look for homes in the $350,000 range.

Have questions about arranging financing? Please submit the form below or call or email me.

My Properties

For Sale

630 Chardonnay Drive

$ 589,900
Gorgeous Naismith Model by Minto boasts 3,090 Sq Ft of gracious living space. 4 large bedrooms and 2 [more]
Gorgeous Naismith Model by Minto boasts 3,090 Sq Ft of gracious living space. 4 large bedr [more]
44
For Sale

65 Roseanne Lane

$ 304,900
Wonderful Home in Great Location!! Beautiful HARDWOOD FLOORS and CERAMIC Tile on Main Level! Wonderf [more]
Wonderful Home in Great Location!! Beautiful HARDWOOD FLOORS and CERAMIC Tile on Main Leve [more]
32
19 Red Maple Crescent - Blackburn Hamlet
For Sale

19 Red Maple Crescent

$ 549,000
NO CARPET, NO ALLERGIES, IN-LAW SUITE with minor changes. Beautiful split level upgraded and spaciou [more]
NO CARPET, NO ALLERGIES, IN-LAW SUITE with minor changes. Beautiful split level upgraded a [more]
53 Attached Garage

Compare Listings