6 Tips To Follow When Applying A Residential Mortgage
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Are you planning to apply a residential mortgage? If yes, there are so many things to consider. From credit score to the right time to apply and a lot more, it is important to take the help of a residential mortgage broker in Abbotsford to help you make the right choice. In this blog, we have discussed top six tips to follow before you venture out to your mortgage broker. 1. Start with your credit report When you apply for a mortgage, lenders will most likely examine your credit first, and you should do the same. There is no better moment for frequent credit monitoring than when you are attempting to demonstrate your trustworthiness to a lender in order to obtain the best potential rates. You want to ensure that your credit report is as accurate as possible. 2. Be realistic about your budget Home ownership may be a dream for many Canadians, but don't lose sight of reality. If you're looking for a rate that requires a 20% down payment but you only h...