Are you the first time home buyers in Canada? If yes, we are here to help you out in your quest without any fail and problems. You will never regret your choice.
Being one of the first time home buyers, you may feel it to be too hiring and hectic to get a home for you. So, you can contact Saif Abdullah Mortgage agent to help you in your buying journey. We know how tiring it is for the first time home buyers to buy their dream house.
Getting the top and right mortgage agent in Canada can make your house buying experience least stressful. It is not everyone’s cup of tea to indulge in the turning process of mortgage. Beside tiredness, you need to save up your extra bucks as the first time home buyers.
First time home buyers are in dire need to hire a trained mortgage agent like SaifAbdulllah. Undoubtedly, buying a mortgage is an important decision of your life. Whether it is financially, emotionally or physically, you are stressed out in all ways, so you must look for a reliable way out. We hold great pride in serving you in your hard and most important times of your life.
Let us dive in to know in detail about the first time home buyers and the solution to their problems.
You may come across many mortgage agents. But you must know the reason to choose Saif Abdullah Mortgage agent. It excels in serving the vast area. Note down its presence and services in the following areas:
- Toronto GTA
- King City
- North York
- Richmond Hill
You just think and we are present in all places for your ease and convenience. Our professional advice will let you explore new hidden opportunities and your dream homes at the best possible rates.
Getting a mortgage broker in your country, Canada is everyone’s cup of tea. But make sure you get your hands on the right mortgage broker. What is their work actually? Well, it is just like to have your mortgage shopper (personal). The professional expert will understand all your needs and your specific condition. The mortgage expert will negotiate and work on your behalf as the first time home buyer. They will carry out much of the comparison and research to know the best possible rates.
The best part of the story lies in there is no worry for the mortgage fees of the brokers. At times, lenders bore this cost.
Who is a mortgage broker?
The middle man between the lender (Loan Company) and the borrower, first time home buyer, is the mortgage broker. These licensed professionals possess in-depth general knowledge about the mortgage rates because they have no specification to a particular lender.
They will collect all the essential details from first time home buyers such as employment documents and income. Finally, they match first time home buyers with the desired lenders to match their personal requirements. Their negotiation will be from your side.
Once, first time home buyers are done with their selection of the lender of their choice. Our brokers assist in the application process. We will do your part and send everything to the lender to approve and underwrite.
What things first time home buyers must look for in the best mortgage broker?
First time home buyers find it quite difficult to find the right mortgage broker. Undoubtedly, you are brought into an unaware world with limitless choices.
The foremost thing any first time home buyer will do is to ask his friends, acquaintances and family. They will recommend a broker and the first time home buyer will trust their recommendation. To be precise, it is a safe and a good start. However, conducting more in-depth research can do wonders till the end.
Mortgage brokers who are online are a wonderful choice because they have nationwide reach. First time home buyers will provide all the essential details and information online in the digital applications. Saif Abdullah Mortgage agents will feed the information to numerous partners (mortgage lenders).
Saif Abdullah Mortgage will assign an agent for the first time home buyers to guide though the whole process.
Conduct initial research
If you as a first time home buyer wish for more personalized and local search in Canada, take some steps. Obviously, the research will begin well on Google. Don’t forget to enter the city in your research to get the fine and better results. However, Google uses the location to provide improved results.
The map result will display the nearby local mortgage agents. Go through all of them to know the reviews. Saif Abdullah Mortgage is a reliable name to help the first time home buyers. Other choices may be commission based.
Important questions of First time home Buyers
First time home buyers must ask a few questions in the first meeting to know if the mortgage buyer has the real potential or not.
- What is the experience of the mortgage broker?
- How can you compensate the first time home buyer?
- What are your services?
- How will you contact me?
Check-list for the first time home buyers
No matter, even if you are a first time home buyer, you must check your affordability. Also, ensure to decide the mortgage payments. It will let you strike the balance between your lifestyle needs and home ownership.
TIP: Your budget must include:
- Purchase price
- Property taxes and insurance cost
- Closing costs like legal fees, transfer taxes
- Mortgage insurance
- Down payment
You save up some cost as down payment, being the first time home buyers. You cannot pay at once and borrow the remaining amount from any lender through the mortgage.
- Understand all the mortgage options
There are several choices for first time home buyers to select in Canada. Talking to the Saif Abdullah Agents is a good way out to experience all the choices. It can be a life time money saving technique for your mortgage.