Financing

Nothing is more heart-breaking than finding the perfect home and losing it because you couldn't get financing in time, or couldn't get enough money to purchase the home.

Fortunately, there is an easy way to avoid this - pre-qualifying for financing. Banks and lenders are happy to go over your options with you before you start looking for a property. Being pre-qualified helps you know which homes to be looking at, and gives you great advantages when bidding on a home. An offer from a pre-qualified bidder is more secure, and can close much more quickly; two reasons a seller may accept your offer above someone else.

The Source of Financing

There is more than one source of funds for purchasing a home or property. Full service banks provide mortgages, as well as companies which specialize just in mortgage loans. In addition, there are professional mortgage brokers who will compare these sources for you, and arrange for the mortgage on your behalf. Shop around - fees and conditions vary greatly.