There are a lot of young individuals who have the desire to own a home, but they’re hesitant because it’s such a significant financial commitment. Since we opened our doors, our mission at Certified Mortgage Brokers in Oshawa has been to guide first-time buyers of real estate in the proper direction.
Before deciding to purchase a home, there are a lot of factors to consider, such as whether or not you can afford the monthly mortgage payments and many more. Also, it’s important to have sufficient resources to meet potential home expenses such as property taxes, maintenance, and utility bills because these costs can quickly add up.
You should also look at the ratio of your overall debt to your income. Strive to have a total debt that is no more than 40% of your income, and your housing expenditures should be no more than 32%. Our team of professionals at CMB is available to answer any questions you may have regarding the terms and conditions of mortgages. We’ll help you choose the type of loan that is most suitable for your needs and one you can comfortably repay without hassles.
Certified Mortgage Brokers is a highly sought-after mortgage service company in Canada. We have built a solid reputation among our clientele for providing them with rates that are among the most competitive in the industry as well as customized mortgage solutions. Our skilled and experienced team is composed of highly qualified individuals. In addition, we work hard to maintain a robust network of lenders, which allows us to provide our customers with access to a comprehensive selection of mortgage plans.