If you are a first-time homebuyer, getting professional mortgage advice is a great place to start.

I specialize in the kind of education that can help get new homebuyers off to a great start! Although mortgage debt is ‘smart’ debt, buying your first home is a huge financial decision and there is a lot to think about. It’s one of the most important financial decisions that most Canadians will make in their lifetime.

As your Mortgage Agent Level 2, I will help get you the right combination of mortgage features, privileges and rate that is best matched to your needs. The right mortgage goes beyond just the rate–it’s important to also consider term, prepayment options, refinancing penalties, restrictions, and fees.

Determine what you can afford. Before you start shopping for a home – and long before you consider putting an offer on one – let me help you determine how much you can comfortably afford. Having a realistic budget to start will bring you confidence, knowing that you are not overextending yourself. Remember that home ownership involves costs beyond the monthly mortgage payment such as utility bills, insurance, taxes, home upkeep.

Be sure to contact me about getting pre-approved, so you’ll get your interest rate guaranteed for a set period, typically 90 to 120 days.

Plan for closing costs. There are additional costs that come with buying a home so you’ll need to have some extra funds set aside to cover these costs. Generally, you can expect to pay between 1.5% and 4% of the home’s selling price in total closing costs. As your mortgage agent, I will outline all of your closing costs so you won’t be caught by surprise.

Contact me today so you can get into the market and start your wealth building with smart debt! I will help you get off on the right foot in your home buying journey.