Mortgage Solutions
“Financing a home happens only a small handful of times for most people. It’s only natural that the process feels intimidating. Whatever your reason for financing, let’s work together to help you avoid costly mistakes and missed opportunities. Your time, energy and peace are at stake, and I believe you deserve a secure future.”
-Alicia
Home Purchase
Likely buying a home is the biggest purchase of your life. Knowing that you have more options and strategies to consider than just visiting your bank institution can re-assure you throughout your home buying process.
Because the rules of home ownership are constantly changing, you need to execute a true home ownership strategy, and step by step plan to make this ultimate goal your reality.
Each mortgage, lender, and policy can benefit each customer differently. Sometimes these differences can make or break your ability to buy that home you just fell in love with.
Mortgage Renewal
Best to reach out as early as possible to execute any strategies or planning that may need to occur.
• Has your employment changed / income changed since you originally purchased?
• Have you had children? Is someone on maternity or paternity leave?
• What has happened to your credit?
A lot can happen over a 3-5 year time period that could impact your mortgage renewal. It is super important to have a review of your current situation and go over any changes that have occurred or may occur in the next year.
Mortgage Renewal = Opportunity
This may be the opportunity you have been looking for to explore your options. Do you need a new mortgage with more features and benefits? Do you need a mortgage with a secured line attached for unexpected emergencies? Do you need the best rate we can find?
What are your goals headed into the future? These actually need to align with your home ownership plans, and your future goals. Mortgages are not a one size fits all.
Refinancing
It is never too early to discuss your options. Best to connect 9-12 months from your expected renewal date.
This may just be the answer to your cash flow needs. With inflation the highest it has been in years, we can explore possibility of doing a refinance to pay off higher interest debt or tackle the major purchase(s) you have been putting aside. Sometimes roofs just can’t wait anymore.
Property Investment
Have you decided to invest in real estate as another strategy to build and diversify your portfolio?
Again, there are strategies that may be available to you as a buyer to achieve this goal.
• Do you need the rental income to qualify for the mortgage?
• Are you purchasing for family?
• Will this be a recreational home?
Fixed VS Variable Rates
Choosing a fixed or variable rate is not always an easy decision. The answer should depend on your tolerance for risk as well as your ability to withstand increases in mortgage payments.
This is just one of the many details Alicia will help you navigate as you work together to find the right mortgage product.
Mortgage Questions?
Do you have questions about home purchases, mortgage renewals, refinancing or anything else?
I am here to help!
