Mortgages
As a first-time home buyer or for someone who has not purchased a home in some time, obtaining a mortgage can be challenging. Your Calgary mortgage specialist or banker will be able to explain all the details but here is some information to get you started.
Obtaining a Mortgage
Your mortgage specialist, banker or broker will require financial statements to approve your mortgage application. The application process will proceed more smoothly if you have gathered and organized the following:
Shop around
Each broker or bank can offer different mortgage rates and various options on your mortgage. If you are not in a hurry, then it is a good idea to shop around for the best mortgage for you.
First Payment
Your first mortgage payment is usually due one month after your possession date. You are not responsible for mortgage payments until such time as you have taken possession of the home.
IF YOU ARE INTERESTED IN BUYING OR SELLING REAL ESTATE IN CALGARY, CONTACT MIRANDA MOSER TODAY TO GET STARTED!