How-to Guide to Buying Smart
Your How-to Guide to Buying Smart
1. WORK OUT A BUDGET You’ve got your home and neighbourhood in mind. It’s smart to meet with one of our experienced 911 Mortgage Brokers now to get a handle on much you can afford as a monthly mortgage payment.
2. GET EXPERIENCE ON YOUR SIDE Our 911 Mortgage Brokers really are on your side, and can help you access great rates and mortgage options, and offer both traditional and innovative mortgage options that can meet your unique needs.
3. GET PRE-APPROVED This is a smart step, as it ensures your mortgage rate is guaranteed for up to four months. Home sellers will know you’re serious and you’ll have peace of mind knowing just what you can afford.
4. DO YOUR HOMEWORK It is often a good idea to work with a real estate broker who can help you search for neighbourhoods and homes that meet your needs.
5. MAKE AN OFFER Once you have found your home, your real estate agent will prepare a purchase offer on your behalf. It’s a good idea to have your home inspected by a home inspector. Be sure to include a condition on financing. One of our 911 Mortgage Brokers will take care of your purchase financing. During the offer process, we will keep you abreast of mortgage interest rates, mortgage terms and of course, keep your rate on hold, to ensure you’re covered until your day of closing.
6. SAVE BIG WITH A LARGER DOWN PAYMENT If it’s in your budget, consider putting more down. Talk to one of our 911 Mortgage Brokers for personalized advice about how to save thousands.
7. FACTOR IN A FEW ADDITIONAL COSTS Closing costs, Land Transfer Tax, Property Tax and Home insurance. Discuss these costs upfront with your Mortgage Broker and factor them into your budget so that there are no surprises.
8. SIGN ON THE DOTTED LINE Your lawyer will finalize the paperwork a few days before closing, you will sign on the dotted line, pay the down payment and any additional costs related to the purchase of the home.
9. WELCOME HOME The title of the home will be transferred to your name on closing day, and you can pick up your keys. Now wasn’t that easy?
Call Us Today at 289-318-0911 or Toll Free at 1-888-377-0911 for a free confidential consultation to discuss your options.
Our Service Areas
911 Mortgage Brokers – The Mortgage Centre offers services to clients across Toronto and the GTA, Vaughan, King, Aurora, Stouffville, Newmarket, Markham, Richmond Hill, Barrie, Innisfil, Orillia, Collingwood, Oshawa, Ajax, Whitby, Mississauga, Brampton, Caledon, Burlington, Oakville, Milton, Bolton, Hamilton, St. Catherines, Niagara Falls, Windsor, Kitchener, Waterloo, London, as well as far as Muskoka cottage country, Ottawa, Simcoe, and the rest of Ontario.
