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Tag Archives: First Time Home Buyer Tips
First Time Buyer Tips Vancouver Episode 6: Working with a Realtor FINTRAC and the Remuneration Disclosure
This post is part of a series discussing Tips for First Home Buyers in Vancouver. Remember, there is no such thing as a stupid question! I strongly encourage questions and comments!
You’ve found your Dream Home, What next? Continue reading
Posted in: First Time Home Buyers Advice for Vancouver, For Buyers
Tags: Ascertaining Identity, Buyers Agents and First Time Home Buyers, Buyers Real Estate Agent, Disclosure of Remuneration Explanation, duty to disclose, FINTRAC, FINTRAC and First Time Home Buyers, First Time Buyer FAQ, First Time Home Buyer Guide for Vancouver, First Time Home Buyer Tips, Funding Terrorism or Laundering Money, How a Buyers Agent Gets Paid, Realtor Remuneration Disclosure, Vancouver Real Estate Advice, Who Pays a Buyers Agent, Who Pays a Real Estate Agent, working with a Realt, Working with a Realtor and First Time Buyers, working with a realtor brochure
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A Mortgage Pre-Approval is NOT a Guarantee of a Mortgage!
Mortgage Pre-Approvals are NOT Guarantees of a Mortgage!
I recently had the pleasure of interviewing Chad Watts of The Mortgage Group about mortgage pre-approvals. He brought up a very important point for Buyers, particularly First Time Home Buyers. And that is a mortgage pre-approval is NOT a guarantee that you will get a mortgage at the amount the Lender originally mentions or get a mortgage at all.
What is a Mortage Pre-Approval?
This is a preliminary estimation by a Lender of how much the Lender will loan you based on very basic information. This number is subject to change based on what property you Continue reading
Posted in: First Time Home Buyers Advice for Vancouver, For Buyers, Vancouver Real Estate and Mortgage Financing
Tags: Borrower, Chad Watts, Do I Need to go to the Bank before I Buy a Condo, Do I Need to go to the Bank before I Buy a House, Financing and Pre-approval, First Time Home Buyer Tips, First Time Home Buyers Advice for Vancouver, First Time Home Buyers Mortgage Advice, How do I get a Mortgage, How to Get a Mortgage in Vancouver, Lender, Loan Preapproval, Mortgage Borrower, Mortgage Broker, Mortgage Information for First Time Home Buyers, Mortgage Lender, Mortgage Lending, Mortgage loan, Mortgage Pre-Approval, Mortgage Pre-Approval Canada, Mortgage Pre-Approval Vancouver, Mortgage Preapproval, The Mortgage Group, Vancouver Mortgage Broker, What is a Mortgage Pre-Approval
6 Comments