Frequently Asked Questions

Q. What is the first step of consideration in a home purchasing process?

Q. How do I know if I am ready for home ownership? What are the basic criteria or requirements to determine how much of a mortgage payment can I afford?

Q. What is the minimum down payment needed for a home?

Q. What are the benefits of having a mortgage pre-approved?

Q. Are there major differences between mortgage products available in the market?

Q. What is the main difference between an independent Accredited Mortgage Professional and a mobile mortgage specialist from a financial institution?

Q. What services should one expect from an independent Accredited Mortgage Professional?

Q. How can an independent Accredited Mortgage Professional help you to save money?

Q. What is the cost effective way to shop for a mortgage?

Q. Is a lower interest rate mortgage plan always the best option?

Q. Does an independent Accredited Mortgage Professional represent my best interest in the process?

Q. Does it cost to hire an independent Accredited Mortgage Professional?

Q. How long does it take for a mortgage application to get approved?

Q. Is there a cost for mortgage application?

Q. How can you use your RRSP to help you buy your first home?

Q. Should you go with a short or long-term mortgage?

Q. what is a home inspection?

Q. What is mortgage loan insurance?

Q. How does bankruptcy affect qualification for a mortgage?

Q. How will child support affect mortgage qualification?

 

For a free consultation, please contact me.

Michael Sato | 604.779.1517