Century 21 Classic has prepared the Mortgage section to help you understand the basics of financing the purchase of a new home.

At the beginning of a successful buying experience is the concept of the "pre-approved mortgage". Prior to commencing your housing search we recommend very strongly that you obtain pre-approval for your mortgage. This serves two purposes:

1. With the help of your Mortgage Lender you will know exactly what price range that you can comfortably shop in
2. It will help make the process of buying your home more efficient and trouble free by removing delays when it comes time to finalize your financing at the time of purchase

Once you have obtained pre-approval of you mortgage, you can confidently begin to look for new homes within your price range.

Should you require guidance in choosing a mortgage lender, Century 21 Classic can suggest several options for your consideration, including your existing bank or credit union, as well as introducing you to other sources of mortgage support including finance companies and mortgage brokers.

Please enjoy the rest of the information in mortgage section as well as the Mortgage Calculator, which will help you understand what mortgage payments will be for the loan amount you may require. Let us know your needs and we will be happy to have one of our Local Experts help you.