Selling your home?  Your first move is to review your mortgage options!

If you plan on selling your home and buying a new one, your first move should be to look into your mortgage options.  You need to consider your current mortgage of course, and the mortgage that you’ll need on your new house.  If you are downsizing then there is no additional financing needed.  But if you are “trading up” and planning on having a bigger mortgage, you need to examine your options, which include:

Bringing your mortgage with you
Most mortgages today are portable, which means you can take your current interest rate and mortgage contract to your new home, subject of course to certain conditions like the amount of your mortgage. If you need a bigger mortgage, you can often “blend” your current mortgage rate with the mortgage rate on the additional funds you need Continue reading »

Looking to buy a home? Getting eager and excited? When buying a home you want it to be a smooth process. But, in order to do this, you need to complete a few things. We have put together a simple guide to help you in your home buying experience.

1. Meet with a Mortgage Planner — In your first meeting, you’ll discuss your home buying or other borrowing goals related to a mortgage, your family income and assets, the size and source of your downpayment and your other liabilities. Your mortgage planner will make sure that all of your questions and concerns are addressed, and will begin to develop a mortgage plan that is custom fit to you, with a very competitive mortgage rate and mortgage feature you need to achieve your home buying objectives. Continue reading »

Ever wonder why you should talk to a Mortgage planner about your financing? Well, you’re in luck, because below is a 10-reason summary of all you need to know. Continue reading »