🏡The Mortgage Process in 5 Simple Steps:
Here’s a simplified breakdown of what happens behind the scenes and why each step matters:
- Pre-Approval – This is where it all begins. We assess your income, debts, credit score, and financial goals to determine how much you can borrow. Getting pre-approved also shows sellers you’re serious — and gives you a realistic budget.
- Home Search & Offer – With a pre-approval in hand, you can search with confidence. Once you make an offer and it’s accepted, your mortgage application moves to the next stage.
- Final Mortgage Approval – At this stage, the lender reviews your documents and the property details. They’ll verify your employment, credit, and down payment to ensure everything checks out.
- Sign the Mortgage Commitment – Once approved, you’ll receive a mortgage commitment outlining your terms and conditions (interest rate, amortization, payment schedule, etc.). Review it carefully — this document is key.
- Closing Day – You’ll meet with your lawyer, sign the final paperwork, and officially become a homeowner. Congratulations!
Click here to download this checklist to your device!
⚠️ Common Pitfalls (and How to Avoid Them)
- Big financial changes mid-process (like changing jobs or buying a car) can affect your approval. Try to keep things steady.
- Underestimating closing costs — lawyer fees, land transfer tax, and adjustments can add up. We’ll help you plan for these.
- Not knowing your mortgage options — fixed versus variable, open versus closed — it’s essential to understand how each works for your financial future.
- Skipping the pre-approval step — this can limit your options and create stress when you find the home you love.
🙌 Real Client Story
“When my mortgage came up for renewal, Kim explained all my options and found a better rate than my bank. Everything went as planned — smooth, organized, and stress-free!”
– John D ⭐️⭐️⭐️⭐️⭐️
💬 Let’s Talk About Your Options
Not sure where to start? That’s exactly what I’m here for. Whether you’re buying, renewing, or just exploring, I’d love to help you feel more confident about your mortgage.