In this Real Estate Video Mike Mullin Sales Representative for Royal LePage RCR Realty In Orangeville Ontario talks with Chris Little an RBC Mobile Mortgage Specialist.
There are many factors that determine how much you can afford before you can buy an Orangeville home for sale. This process dives into income, how much money you have in savings that you can put down on the purchase of this new Orangeville home and what your credit history looks like from the past several years.
This ensures that you will not be approved to buy more than what you can actually afford and to make sure that you typically pay on time.
Pre-approval is also a good idea to help you know what you can afford before you go out and fall in love with an Orangeville house on the MLS Real Estate Market that is for sale and is too expensive.
As experienced Orangeville REALTORS® we will want to know if you are pre-approved before you begin Orangeville house hunting, because this can make you more desirable to Orangeville sellers.