Few tips for getting a
1. Save a down
payment. Bigger the down payment the better.
downpayment for a property less than $500,000 is 5.0%
- Property between
$500,000 to $999,999 you'll need 5.0% for the first $500,000 and 10% for the portion above $500k.
- $1 Million+ you
will need a 20% downpayment
2. Credit score is
very important! The higher the score the better, this is a snapshot of your financial health and lenders use
this to gauge your ability to repay debts.
3. Keep your income
stable. Proof of income that lenders like to see and full-time employment is the best way to show
4. Do not have too
many debt payments such as credit cards, car loans etc. Your balance doesn't have to be $0.00 but how much
debt you carry will affect your borrobility.
5. Call me to get
you pre-approved and start shopping for your Dream Home!