Step 2: Obtain a pre-approved mortgage
A pre-approved mortgage will give you the confidence of knowing exactly what you can spend on home before you start looking as well as protecting you against interest rate increases while looking for your new home. Your bank should guarantee their quoted interest rate for 60 to 90 days.
A Mortgage Specialist along with your Real Estate Professional will be able to answer your questions and help you to determine which financing terms and options are available and just right for you.
Step 3: You have found your new home! ->