Mortgage Blog

10 Steps to Homeownership - Understanding the Mortgage Process

March 1, 2021 | Posted by: Brie Robertson

Dreaming of being in your very own home in Calgary this summer? Maybe it’s not as far away as you think. In fact, you might be just ten steps away!

Here is where to start:

  1. Start off on the right foot and get professional mortgage advice! We can help you determine if you’re ready to buy, or give you some tips on how to get ready!
  2. We'll let you know how much home you can comfortably afford.
  3. Work with an experienced realtor to find your home.
  4. Find your perfect home and make an Offer to Purchase that is subject to financing.
  5. Gather up the documents to support your mortgage request.
  6. Get your mortgage approval, waive your financing condition, and sign your mortgage commitment.
  7. Don’t make any significant changes to your income or debts before getting possession of your home.
  8. Meet with your lawyer approximately a week before the house becomes yours to finalize everything.
  9. Arrange for home insurance.
  10. Walk in your very own front door!

Contact us today so we can get started on getting you pre-approved and you can start shopping! 

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