Qualifying For A Mortgage
Here are the various factors to be considered when qualifying for a mortgage in Calgary, AB
Find out how much you can borrow
The first step in obtaining a loan is to determine how much money you can borrow. In the case of buying a home, you should determine how much home you can afford even before you begin looking. By answering a few simple questions, I will calculate your buying power, based on standard lender guidelines.
It is recommended that you get pre-approved before you start looking for your new house so you:
- Look for properties within your range.
- Be in a better position when negotiating with the seller .