Mortgage Solutions

You are considering purchasing your first home! Reach out to me for information on the mortgage process. I like to have a virtual or in office meeting with First Time Home Buyers so I can thoroughly walk you through basic mortgage concepts, affordability, and outline the order of necessary actions. Your first home purchase can be intimidating, but it doesn't have to be. I have also made some great relationships with other professionals in the industry such as realtors, home inspectors, lawyers, insurance agents, etc. These are people that I trust and feel comfortable recommending to my clients. My aim is to get you informed and feel comfortable with asking any questions that you might have. All questions are welcome!

Whether you are purchasing your first home, selling or buying something new, looking for a vacation home, or investing in a rental property, we can find the right home financing product for you. Some important policies to consider when comparing mortgage products are the prepayment features, penalties, term, and interest rate. Allow us to compare dozens of lender's policies efficiently for you and offer a narrowed selection for you to choose.

Reach out for an appointment HERE 

Let's have a phone call, virtual, or in-person meeting to determine your mortgage needs. If you are just beginning the process of looking for a home, then a pre-approval is a great place to start. We can gather some information on your current situation, financial standing, and evaluate affordability. From there we can check and compare lender options and choose the best of the bunch. We submit to that lender for a preapproval. After they review the file, a preapproval letter will be issued from the lender which can be used to strengthen any offers you put in on a home. Generally, a preapproval is valid for 120 days. This means that the rate is locked in as long as you close on the purchase within those 120 days.

A rate hold is something different. Some lenders only offer a rate hold which does not require any documentation upfront and is not underwritten or reviewed. The benefit of a rate hold is to secure a good rate option if you know rates are on the rise but we have not yet gathered the information to fully underwrite your file. Rate holds are generally valid for 120 days. 

Reach out for an appointment HERE 

Life happens and sometimes we find ourselves falling behind financially. If high interest debt is pushing the goal line further and further away, perhaps refinancing those debts into your mortgage is the right option to dramatically lower interest payments and have a forced fixed payment to eliminate debts. Or, with rising interest rates maybe your monthly mortgage has become unsustainable. It may make sense to Refinance and extend your Amortization to lower that monthly payment.

If you have plans for a home renovation or are interested in purchasing a rental property, you may be eligible to refinance your current mortgage to free up those funds. 

Reach out for an appointment HERE 

When your current mortgage is approaching maturity it is a fantastic time to re-evaluate your home financing needs. Have your goals or future plans shifted at all? Is the lender that you are currently with still the best option for you now? Can we leverage the competition of dozens of lenders to secure you a lower interest rate? It is good practice to inquire about your renewal about 3 months before maturity.

Reach out for an appointment HERE