The first step is to talk with me so we can get to know each other. I’ll ask you a few questions regarding your financial goals, assess your financial position and credit-worthiness in order to discuss available financing options.
Complete An Application
This is where you complete what we call “The Application.” This is where we’ll gather information about your credit, employment, and income.
After you complete the application, I’ll need your help gathering your documents such as bank statements, pay stubs, and employment letters. The good news? We do this up-front to reduce your stress when you're out shopping for a house. The faster you get your documents, the faster I may complete your mortgage application.
Interest rate locked in? Check. Documents approved? Check. Budget set? Check. It’s time to go shopping with your realtor. Don’t have a realtor? No problem. I have many great recommendations for you!
You Bought A House!
The seller has accepted your offer and it’s time to do the “legal stuff” of the mortgage process. We'll complete the underwriting process, working with over 40 different banks and lenders to find you the right mortgage. The right lender will be the one to set up your mortgage and underwrite the deal, including which interest rate you’re locked in at.
Now, you will have to talk with a lawyer, but once everything is signed and transitioned to your name, it’s the countdown to possession day!
On move-in day, you’ll meet with your realtor to get the keys to your new house and that’s when you begin your new chapter.
THE MORTGAGE PROCESS
As a first time home buyer Tony made this whole process extremely simple and easy for me.
WANT TO BUY YOUR FIRST HOME?
Everyone’s situation is different so let me help you figure out what works for you. If you are interested in buying your first home in Calgary or the surrounding area, message me today.