Montreal Mortgage Financing

Being Prepared is Essential!

Obtaining a pre-approval for a Montreal Mortgage is critical to the home-buying process. Ensuring your financing is in place prior to your search is probably the most important factor in purchasing a home!

Imagine the following scenario... After visiting several homes, you finally find it - the one... In a flash, you have mentally moved in, placed your furniture and imagined yourself and your family enjoying the space. You place an offer which gets accepted, and as part of the conditions of purchase, diligently go to your financial institution to obtain a Montreal mortgage, and are turned down... Turns out you were shopping in too high a price range. Imagine the disappointment of finding out that your dream home is not going to be a reality...

Another scenario... You find that perfect house, and when you place your offer, the sellers are nervous about your capacity to pay. They are more aggressive with their counter or worse yet, they refuse your offer altogether... Not a comfortable situation to be in!

Being certain of your buying power prior to even beginning to look at homes is the key to avoiding such disappointments. Banks have established policies regarding mortgage loans, and having your personal situation evaluated prior to your home search ensures that you are looking in the right price range. As well, a pre-approval guarantees your rate for a time period, protecting you if there is a rate increase, and benefiting you if rates go down.

Thankfully, the wide variety of products available allows your financial institution to tailor a mortgage product for your needs, ensuring the best fit. Once you have a mortgage pre-approval, you can shop with confidence knowing that the homes you are looking at are within your reach, and you won't lose the home at the eleventh hour due to lack of preparation.

If you are seriously interested in purchasing a home, and you want to be sure that you are thoroughly prepared for the process prior to beginning your search, I am in contact with several excellent Montreal mortgage specialists from various financial institutions including TD Canada Trust, CIBC, ScotiaBank, National Bank, Bank of Montreal, Royal Bank, Desjardins, and others, that are highly qualified to assist you. As well, if your mortgage is coming to term and you need to renegotiate, our specialists can help you with that as well, and there is no obligation or cost to you. Please complete the form below, and a representative will contact you to discuss your financing needs.

I am here to help you make one of the most important purchases of your life. My passion is real estate and the people involved - because real estate is about people!