First-time Home Buyers Tips

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  • The amount of loan for which one can qualify depends on many factors: income, credit score, other debt -these are some of the influential criteria for loan approval
  • JWMortgages can give you an estimate for a loan amount based on a quick 15 minute phone call
  • For an approximate estimateĀ check out our calculator
  • One’s mortgage payments depend on many factors: loan value, amortization, interest rates – these are all critical elements
  • JWMortgages can give you an estimate for a loan payments based on a quick 15 minute phone call
  • For an estimate check out our payment calculator
  • We can find you a pre-approval in 24 – 48 hours.
    Start your journey here
  • Pre-approvals tell the sellers that you’re interested, organized and serious about buying a house.
  • Ask JWMortgages how pre-approvals can help you win the bidding war before it starts.
  • There are rules around how much of a downpayment you are required to make if you don’t want to pay extra for mortgage default insurance.
  • JWMortgages can explain these rules and requirements to you in detail. Contact us today for a free consultation
  • Much like our notes about mortgage insurance, a high ratio loan is a mortgage loan value that is greater than 80% of the property value.
  • JWMortgages can explain the advantages and choices around high and low ratio mortgages
  • Specialized savings accounts, home buyer incentives, rebates, land tax refunds, tax credits – contact JWMortgages for all the details of these government sponsored programs
  • Guarantors, co-signers, family loans – contact JWMortgages to understand all your options
  • investing in property that generates income is a strategic method to diversity your wealth
  • properties of interest may include 3 story walk-up apartments, an entire house to rent, basement apartment…etc
  • JWMortgages can explain the benefits and risks of rental property as well as the specific manner in which lenders evaluate these mortgage appilcations
  • Contact JWMortgages if you want to discuss your options. Let’s have a no obligations, transparent and blunt conversation.