Looking out For Your Best interest !
George DaCosta - Mortgage Broker
George Will Help you take the guess work out of applying for a loan by figuring out for you the amount you can afford to borrow. Then, they give you a printed document stating the maximum mortgage amount you qualify for based on your particular finances and income.
Mortgage pre-approval establishes your price range and strengthens your buying position by letting the Seller know that you have already been approved for the loan. It can also ease time constraints once the purchase agreement in signed between Buyer and Seller.
Consider these Scenarios:
You're out looking at homes. Your Real Estate Broker never mentions that you should get pre-approved and just ballparks what you can afford. You find the perfect house and work out a deal with the Seller. Three weeks later, the lender informs you that the house is $10,000 over what you qualify for and does not approve your loan. The Seller has already bought another house. You've given notice where you're renting and told all your friends about the great house you bought. And then, there's the money you've already spent on inspections on a house you can't own.
or
You and your REALTOR� have been working diligently finding that "perfect" home. A new listing comes on the market that's priced right and has got everything you've been looking for. You write an offer. Your REALTOR� takes it to the listing REALTOR� and is informed that another offer is coming in and will have to present both offers simultaneously to the Seller. The other Buyer is pre-approved for his loan. Whose offer do you think the Seller will negotiate first??
Should You Get Pre-Approved for a Loan First?
I am an independently trained professional licensed to represent and provide you with the best advice for your mortgage and financing needs.
My primary expertise is locating funding for mortgage financing. I know which lenders have the best rates and I negotiate with multiple lenders at one time. What's more, I know the system and have the industry knowledge required to present a proposal for financing to lenders to successfully obtain mortgage financing. I take great pride in the service I provide and rely on referrals and your repeat business.
George is not an employee of any lending institution, so he is not limited in the products he can offer you. As a full service mortgage professional, He works closely with you and your lender as well as your real estate representative, lawyer, appraiser and home inspector to ensure that your transaction proceeds smoothly. In most cases there is no cost to use the services of a Mortgage Professional. You don’t pay George. The bank or lending institution does.
With the wide assortment of options and features available for mortgages today, shopping around takes significant time and effort. The mortgage process in today's marketplace is intimidating to many homebuyers so it pays to have a mortgage professional like Greorge on your side to ensure the mortgage is right. George will utilize the latest information from lending institutions, and the negotiating power of Canada’s most influential mortgage brokerage.
George will work to find you the best mortgage at the best rate.
He looks forward to hearing from you soon!
