Dominion Lending Centres The Mortgage Source | 10145
MF: tel: 613-834-6888 ext 1 MQ: tel: 613-834-6888 ext 2
Marie-France Lavigne and Michele Quinn – Dominion Lending Centres The Mortgage Source 10145 | home purchase
12
archive,category,category-home-purchase,category-12,ajax_fade,page_not_loaded,,qode_grid_1300,footer_responsive_adv,qode-theme-ver-10.1.1,wpb-js-composer js-comp-ver-5.0.1,vc_responsive
 

home purchase

financing tips, home purchase, mortgages / 28.05.2019

When is it time to think about saving for a down payment? I would say about a year before you think about buying a home. While that’s ideal in today’s world, we often do not have much time to save for a down payment. Sometimes your landlord is planning on retiring and wants to sell the property. How do you get a down payment? Here’s a few ways to get a down payment for your home: Save – it’s old fashioned but it works. Open a Tax Free Savings Account (TFSA) and put a set amount into it. If you don’t...

0 Likes
home purchase / 17.05.2019

There’s nothing quite like stepping into your dream home for the very first time. You have achieved your goal of homeownership! However, the journey from home seeker to home buyer can be challenging – unless you have a well-defined plan and guidance from the right professionals. As a mortgage broker, here’s how I will help you reach your objective: STEP 1 GETTING TO KNOW YOU In the discovery phase, we will discuss your situation, the essentials and “nice to haves” you’d like in your new home, and how long you plan to live there. Based on your desired move-in date, we’ll work out...

0 Likes
home purchase, mortgages / 04.04.2019

It’s important to understand the home buying process, so here’s a 7-step checklist. Step 1: Down Payment The hardest part to buying a home is saving the down payment (a gift from the Bank of Mom & Dad also works). • For purchases under $500,000 minimum down payment is 5%. • Buying between $501-999,000 you need 5% on first $500,000-PLUS 10% down payment for anything over $500,000. • Buying a home over $1 million you need 20% down payment. For any home purchases with less than 20% down payment, you are also required to purchase Mortgage Default Insurance. Step 2: Strategize, Define Your Budget and get Pre-Qualified Unless...

0 Likes