A Step-By-Step Walkthrough 1 Loan Application and Pre-Approval – Lenders are encouraging buyers to get pre-qualified for a mortgage even before they begin looking for a house. This way, buyers know ahead of time how much house they can afford. 2 Loan Search – Although buyers often use a lender recommended by their Real Estate agent, some prefer to do their own comparisons. Borrowers may … [Read more...]
Buying with zero cash down. Is it really possible?
The first time you see the ad Scotia Bank 100% Mortgage Program, you may ask yourself...What's the catch? Perhaps Scotia Bank still requires the 20% down, but gives you the option of a line of credit? OR...they really offer to finance you 100% BUT with rates a lot higher than the regular mortgages? Something to ponder about. The real answer is none of the above and it was confirmed this … [Read more...]
Filed Under: Buying Real Estate, First Time Buyer, Mortgage & Financing, Popular Tagged With: Credit History, Finance, Mortgage Program, Mortgage Specialist, Scotia Bank, Zero Cash
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