How do I make an offer on a home?

Consult with your real estate agent & mortgage broker: Discuss your interest in making an offer and provide your agent with the necessary details. Determine your offer price: Consider the market value and comparable sales to determine a competitive offer price. Review terms and contingencies: Discuss the desired terms, such as closing date and any […]

How do I find a new home?

First determine your housing needs: Make a list of your preferences, such as location, size, number of bedrooms, amenities, and any other factors that are important to you. Engage a real estate agent: Consider working with a professional real estate agent who can assist you in finding suitable properties, navigating the buying process, and negotiating […]

What is a pre-approval?

Here is a brief version of how a mortgage pre-approval works! Provide financial information: Share details about your income, employment, assets, and debts with the lender. Submit an application: Fill out a mortgage application form. Credit check: The lender reviews your credit history and credit score. Verification process: The lender may request documents to verify […]

What is Loan to Value?

Loan-to-value (LTV) is a term used in mortgage lending that describes the ratio of the amount of the loan to the value of the property being purchased or refinanced. In simpler terms, it tells you how much money you are borrowing compared to how much the property is worth. For example, if you are buying […]

The Mortgage Process

Determine how much you can afford: Before you start looking for homes, you should figure out how much you can afford to spend on a mortgage payment each month. Use a mortgage calculator to get an estimate. Get pre-approved: Once you have a rough idea of how much you can afford, you should get pre-approved […]