number of financial outlets. This gives you many more options, and the broker can help you find the best loan and deal from many different lenders.
RESEARCH HOMES WITHIN YOUR BUDGET
There’s no point in spending a good chunk of your time looking for something that you ultimately can’t afford. This is why it’s so important that once you’ve got your finances in order and you’ve hired a professional mortgage broker, you search for homes that are within your budget. Don’t waste your time looking for homes that aren’t affordable for you, and for which you will not get approval for a loan — especially if you just so happen to find your “dream home” — a dream that will always be just out of reach. Better to stick to your budget! Researching homes that are for sale on the market is easy today, since you can find, and then view, most of them online. Further, many online tools can help you with calculations. These tools will give you a general idea of what you’d be getting yourself into by factoring in your income, expenses, and overall mortgage affordability. However, don’t forget to include your mortgage broker in this process, as he or she is the one who will be able to give you the best advice and options, as well as help determine the best loan for your needs after the calculations are complete. Now that you’ve identified the house that you want to buy, and you have a professional mortgage advisor, how do you get the best mortgage deal?
115
Powered by FlippingBook