Found 1 blog entry tagged as downpayment.

Congratulations! You've made the decision to take the plunge into homeownership! This is a very exciting time in your life -- but are you really ready?

New Homeowners with keys

Before you start making wish-lists, planning paint colours, or even book viewings, you need to be pre-approved!

Maybe you've tried the mortgage calculator and based on what you currently pay in rent, it seems like you'll be able to afford a pretty awesome house. While the calculator is a great tool to determine the approximate monthly payments for a specific home price, there's so much more involved in financing a home, as well as a lot of out-of-pocket costs that you might not be expecting. 

Getting pre-approved for a mortgage is probably the most important step in your home-buying journey.

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