ITS THE RIGHT TIME TO OBTAIN YOUR MORTGAGE PRE-APPROVAL?
With recent mortgage rate increases and more expected to come its a good time to protect yourself and avoid losing out on current rates and avoid paying more interest than necessary. Also, with current market trends many properties are receiving multiple offers. If you are really considering purchasing, we should connect! Let me help you get prepared in the purchase of your new home.
Here are somethings that may determine if you may be eligible.
- Are you currently employed full time?
- If you are seasonal or business for self, do you have the most recent 2 years income tax documents completed?
- Do you know your credit score? 680 or above is ideally where you would want to be if you intend to purchase with the 5% down payment.
- Do you have your down payment?
If you can check the boxes on that, we need to start getting you ready to start looking for your new home ! Darryl is here to answer all your questions on mortgages, just click here https://www.homesforsalestjohns.ca/Darryl-Lane to find Darryls' information/