Mortgage Broker licensed in British Columbia
If you are considering a new home in the future, but aren't quite sure what you need. I can help you get prepared and ready for a successful purchase in the future. This journey does not need to be stressful.
Are you at that stage of your life, that you are considering purchasing a home. But do you ask yourself, Where do I start?
Well it's not as hard as it is. You need to understand the basics. So let's start with What is a Mortgage?
When you buy a home, you may only be able to pay for part of the purchase price. The amount you pay is a down payment which can be anywhere from 5% to 20% or more. The remaining costs of the home purchase, is where the lender comes in to help you out. This is called a loan where a lender helps you to pay for the home purchase which is a mortgage.