Jumping into the Spring Market

Quickfire Mortgage Solutions |

mortgage brokers in Edmonton

We all know that in real estate, Spring is King! Most people wait until the snow starts to melt before they begin to think of the spring market, not realizing that they can get their ducks in a row well ahead of time thus saving time, stress, and possible even a few thousand dollars. 

As the old saying goes, “prior planning prevents poor performance,” and getting a mortgage is no exception. A mortgage is the largest piece of debt you will acquire in your life so making sure you have a plan in place only makes sense. Step one in that plan is contacting a qualified broker to attain a pre-approval. The pre-approval process is super easy too! All we do is collect some basic information and documentation so that our team can take a bird’s eye view of your financial situation. Once we have the information, we will be able to provide you with all of the potential options available to you; whether that means you’re looking for the lowest rate, something that’s portable, or maybe even something that would allow you to pay it off early without penalty, we have all of those options available to you thanks to the more than 30 lenders we shop on your behalf (and yes, this includes the major banks)! Once presented with your options we’re happy to answer any questions you may have, as well as make sure you understand every facet of the mortgage. This completely eliminates the stress of the unknown when you find your dream home and are in the middle of negations. 

Another amazing advantage of a pre-approval is that it will allow you to shop with full confidence knowing exactly what you’ll be approved for when the time comes to make an offer.  Moreover, in the competitive spring market submitting a pre-approval letter with your offer will give the seller the confidence to accept your offer over another as they know there won’t be an issue with financing. 

Many of our lenders will also allow you to do a rate hold for up to 120 days which means we can get your pre-approval started now so that you can take advantage of the historically low interest rates being offered even if you don’t plan on jumping into the market until spring. As a bonus, if your dream home happens to hit the market before you were planning on buying you can confidently put an offer in, knowing that you’re already set on the financing side!

Let us help you put all of these advantages to work for you by putting a plan towards home-ownership in place…it all starts with a pre-approval. Reach out today and we can get your appointment set! We’re happy to chat in-person, over the phone, or even zoom — whatever is most convenient and comfortable for you!