It’s Not Always About How Much a Lender Will Give You When you’re thinking about buying a home, one of the first questions you’re likely to ask is: “How much can I borrow?” It’s an important question, but perhaps an even more important one is: “How much can I comfortably afford?” Those two figures aren’t […]
How Much Can I Really Afford? Understanding Your True Mortgage Budget Read More »
Mortgage Myths That Could Cost You Thousands: Myth #3 – “I Have to Wait Until My Fixed Rate Ends Before I Can Do Anything” Waiting Could Mean Missing an Opportunity One of the most common things we hear from homeowners is: “My mortgage doesn’t end until next year, so there’s nothing I can do yet.”
Mortgage Myths That Could Cost You Thousands: Myth #2 – “I’m Self-Employed, So I Won’t Get a Mortgage” Being Self-Employed Doesn’t Mean You Can’t Buy a Home If you’re self-employed, you’ve probably heard at least one of these comments: “Banks don’t like self-employed people.” “You’ll need years and years of accounts.” “You’ll never borrow as
Mortgage Myths That Could Cost You Thousands: Myth #1 – “My Own Bank Will Give Me the Best Mortgage” Loyalty Is Valuable, But It Doesn’t Always Mean the Best Mortgage Many of us have banked with the same provider for years. Our salary goes into the account every month, we know the app inside out,
