Financing
Buying a house can be a daunting and foreign experience. Having been through the process many times, we can help connect you with the resources you will need to to make it as quick and painless as possible.
The first order of business for those wanting to purchase a home is to become pre-approved with a lender. This is not to be confused with pre-qualification, which means you are qualified to apply for a loan. Pre-approval means you have actually been approved for a loan of a certain amount. A pre-approval letter from a lender (which may be obtained via a mortgage broker) is a critical component of any offer you make on a house because it provides the seller with evidence that you will be able to obtain the necessary financing.
Obtaining a pre-approval letter means submitting a loan application to a bank. This can be done directly, by you, to a bank, or it can be done on your behalf by a mortage broker. A mortgage broker has access to multiple banks and lending programs, and can therefore often offer a number of different options. However, if you have a good relationship with a particular bank, that can be a quick and easy route as well. Either way, "quick" and "easy" are relative terms, because the process is very paper intensive. We can help you get organized as you're deciding which route to take.
You may find following links to be helpful: