Thursday, March 24, 2011

WHAT YOU NEED TO QUALIFY FOR A MORTGAGE

  • Letter of employment confirmation - Ask your employer for a letter that confirms your position, your pay and how many years you’ve been with the company.
  • List your assets - Your car, stocks, bonds, GICs, bank account total. Show which assets will be used for your down payment.
  • List your liabilities - Car payments, student loans, credit card debt. List all the money you owe and note how you’re paying it off.
  • Social Insurance Number 
Mortgage Brokers/Specialists don't get paid unless you obtain a mortgage, so they always look for the best interest rate. Usually the lending institution pays them, not you. Also, nowadays, most everything can be done via online and emails which saves you time. 

Call or message me for information on how to contact a Mortgage Broker/Specialist.  
Ph. 780-906-0693                                                     Email: amber.prue@gmx.com