Mortgage Questions to Ask!

Tuesday Aug 01st, 2017

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10 questions you'll want to ask your Mortgage Specialist:

1. What mortgage amount do I qualify for?

2. What is the best type of mortgage for my needs?

3. Is my mortgage approval firm?

4. How much should I be prepared to put on my down payment?

5. Can I take advantage of any tax breaks for my mortgage?

6. Should I consider a fixed or variable mortgage?

7. Can my lender lock in my rate while I'm waiting for the deal to close?

8. How might my legal costs vary if I'm purchasing a new condo?

9. How do condos differ from homes?

10. How much should I plan for closing costs?

 

Read more about these mortgage questions below:

https://www.thestar.com/sponsored_sections/valueyourhome/2017/08/01/mortgage.html

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