News & Articles: Getting a Mortgage
If you’re not able to pay cash for your home…you should learn as much as you can about mortgages. Most home sales are conditional on the buyer arranging suitable financing. Financing options, terms and rates can be confusing…and vary from lender to lender. It is wise to shop around. Saving even a tenth of a percentage point, or making weekly or biweekly payments, can save you plenty of money over the long run. Many buyers obtain a “pre-arranged mortgage”, allowing them to look for a new home, knowing that they will be able to finance the purchase. Talk to various lenders and obtain as much information you can.
Contact Spagnuolo Professional Corporation at (905) 856-0034