Purchasing a home is one of the largest, most important financial transactions you will ever make in your lifetime. Whether you’re new to the market or buying your second or third property, acquiring the right mortgage product while understanding the details is very important. Dream Key Mortgage will help you understand that process and place you in the most favourable position possible to seamlessly attain your goals of homeownership.
Here are some steps that we will assist with and review in more detail once you begin working with our team:
1. Obtaining Your Mortgage Pre-approval
In today’s Real Estate Market, a mortgage pre-approval is essential as it provides a basic understanding of the mortgage amounts we can work with while demonstrating to a seller that you are a serious, willing and capable buyer.
2. Working with the Right Real Estate Agent
Once we review your application and establish the size of mortgage you can carry, we will refer you to a suitable Realtor from our network of trusted professionals, to cater your needs and match your personality. Being connected with the right realtor to guide you through the home buying process is a critically important decision and in a complex and fast-paced market, having the right representation matters. If you are not already working with a Real Estate Agent, Dream Key will refer you to a professional who can find you the best property within your requirements, while negotiating the best terms possible, all the while, keeping us updated so we can collaboratively help you reach our goals.
3. Selecting the Right Product for You
Once you have found the property you would like to purchase, and your offer has been submitted, Dream Key will complete your application with a suitable lender and recommend the right product relative to your circumstance and requirements. It is important to note that different mortgage terms come with various features and part of our job is to ensure you have the most suitable mortgage for your present and future needs while understanding the fine print.
4. Introduction to a Real Estate Lawyer
Once your mortgage is finalized, and all of the conditions in your agreement are fulfilled, we will connect you with a trusted Real Estate Lawyer who will protect your best interest and facilitate the transfer of home ownership. We will provide your lawyer with all the necessary paperwork and context for them to successfully get you to your closing date.
Dream Key Mortgage will assist you in every step of the process and make a potentially stressful scenario as easy as possible.