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Maya Norton Real Estate Agent 1 2 3 REALTY

C: 780.489.2969 E: consult@dmsmarketing.ca W: www.dmsmarketing.ca

I’ll find the house and you make it your home. I hope these articles can help. Whether you’re looking to buy, sell or stay put, give me a call to chat about real estate anytime.

COMMON QUESTIONS What’s the benefit of mortgage pre-approval? Mortgage pre-approval tells you the maximum amount you can get for your mortgage from the lender. Visiting your bank or mortgage broker and completing the pre-approval process is important; it allows you to ‘shop’ within your price range and often allows you to lock in the current interest rate for a specified time. If you’re pre-approved for a mortgage, wait to make any significant life changes. Things like purchasing a new car or opening a line of credit can affect the mortgage amount you’ve been pre-approved for. If life changes are unavoidable, give your bank or broker a heads up. With knowledge about your situation, they can tell you how it will affect your borrowing.

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