Winter Pre approvals can help you get ahead!

Posted On Dec 03, 2024

A bright sunshine lies amidst the Canadian freezing winter. You can choose to take advantage of the slower cycle of the real estate industry now. Mortgage brokers; can dedicate higher level of attention towards you without the hot spring season pressure.

Seeking pre-approval advice from an unbiased Mortgage broker over a bank/credit union will help corner your budget and conquer your home ownership goals.

Steps to Winter Pre-approval and Home Shopping:

1. Review your Finances: Account for income, downpayment source, debt, credit score, consult me; your mortgage broker for any other factors that may be required to be considered.
2. Consult me a Neutral/Unbiased Mortgage broker: let me go to work for you and seek the mortgage options that best meet your needs. By doing so you can let me take care of your concerns and you can think about the next step.
3. Hurray, its time to home shop now: Since you are pre-approved for a mortgage, you will experience a better market reception from sellers and real estate agents alike. You will be in a strong position to look at different properties, make an offer on your own terms, allowing time to get the mortgage a final approval. 

Remember, while a pre-approval gets you a head start it still requires final consideration with respect to the property you have chosen. So its important to remember not to remove the mortgage conditions until your mortgage loan is fully approved.  

Getting pre-approved now will gear you ahead of the cyclical hot spring market!

Contact me at your convenience, but don’t let the winter snooze you!

Happy to help! 

Source:https://www.sootoday.com/spotlight/why-winter-is-a-hidden-gem-for-mortgage-pre-approvals-9885003?utm_campaign=Daily%20News&utm_medium=email&_hsenc=p2ANqtz-8ln4vaemVV7VLbMnVVggK3aBZ-NG780zHXi2RatP_A-N1LiZxGPrdJATAm_5_0DHQGYOl7ABNJvO8SpIzL_a9JWPS2ogXT0WY043i-Jdm0NaJdHEQ&_hsmi=336758988&utm_content=336758988&utm_source=hs_email