Now that you have pre-approved/conditionally approved you are now free to search for properties in the budget you are approved for. The lenders approval lasts for 90 days from date…
Before searching for property and making an offer it is always recommended to apply for preapproval or conditional approval. A preapproval or conditional approval is subject to certain conditions. This…
The first question you ask yourself when looking to purchase a property is “can I afford to buy a property?” It is an important question as it requires to look…
What is LMI? Lender's mortgage insurance (LMI) is an insurance policy that banks take out if they deem a loan high risk. This fee is charged at the applicant's expense…