Licensed Mortgage Broker in British Columbia
Get pre-approved before shopping for a home. It's important to find the maximum home price you can afford before you start shopping. A pre-approved loan also helps you lock in a low rate so you can be rest assured that if rates increase, you don't have to worry.
Purchasing a home can often seem stressful and overwhelming but it doesn’t have to be. Did you know that Canada has some tax credits and rebates to help First-Time Home Buyers. This helps you on closing costs associated with purchasing a home, like inspections and legal fees. The second part is the Land Transfer Tax that permits first time buyers to recover a percentage of the land transfer tax paid on their house.
If you have bought your home already, then these may not be eligible for some of these government programs, but that doesn’t mean you can’t keep your buying costs low. A great option for all buyers is to apply for a mortgage pre-approval before you purchase a home. This way you know what your budget is.