Five Mortgage Pre-Approval Tips

Five Mortgage Pre-Approval Tips

1. Apply for a mortgage Pre-Approval First

2. Shop around for a great pre-approval rate

3. Assemble your documentation

4. Stay in touch with your broker

5. Read the fine print

Once you have been pre-approved, your loan officer will send through your pre-approval document. This document will outline the interest rate you will receive, the loan terms, and the mortgage amount you have been pre-approved for. It may seem like financial jargon, but it's important to read the fine print on every page carefully. If you have a family lawyer or accountant, it's a good idea to have them take a look as well.

If you have Any Real Estate questions, please call the Amanda Mageean Moves Barrie Team!