As a move up home buyer, your first move should be to look into your mortgage options. See how a move up home buyer mortgage works
“This is the second time I have used Team RRP. This was my first experience using a mortgage broker and I was not sure what to expect. Suffice to say the service and attention to detail was unsurpassed, and I vowed to always use Team RRP for future mortgage plans.”
You’ll want to compare your new blend/extend rate with the rate you’d get with a new mortgage.
Of course, the exact terms and conditions of your current mortgage need to be examined closely to determine if there are other factors to consider. Call one of our Mortgage Consultants now at 604.879.2772 to discuss your specific mortgage situation.
Another key part of planning to move is the timing of the sale of your existing property and the purchase of your new one.
Ensuring that your closing dates line up can help you to avoid potentially expensive bridge financing scenarios. We can work with you and your realtor to ensure these obstacles are avoided.
It’s worth a professional mortgage analysis to determine which option is the most beneficial to you. We’re up-to-date on current rates and all of the new opportunities available – from a wide range of lenders – so we can help you with all of your mortgage details for your next home.