Planning to buy your first home? Be ready to jump in when the post-pandemic market picks up

What homebuyers or homeowners need to know.

At The Mortgage Strategists, we are deeply concerned about the Coronavirus – and we know you are too. Our thoughts and prayers go out to all the families and front-line workers that are dealing with this around the world.

We recognize that many homebuyers or homeowners be looking for guidance around mortgage financing and how the recent COVID- 19 developments may impact your mortgage, now or in the future. We know that things may seem uncertain now, but we are working hard to gather all pertinent information and help you to understand your options during this difficult time.

If you are looking for a new home, be sure you are pre-approved with a licensed mortgage professional can do a more complete verification prior to sending you shopping for a home.

A mortgage professional requires a short list of information that will allow them to determine your buying power and will explain to you the benefits of shorter or longer mortgage terms, the latest programs available, which mortgage products they believe will most likely meet your needs the best, plus they will review all of the other costs involved with purchasing a home.

Getting pre-approved for a mortgage is something every potential home buyer should do before going shopping for a new home. Remember during this time to practice proper hand-washing procedures and minimize your contact with other people to ensure that you are not unknowingly contracting or passing along COVID-19. We can overcome this, together.

The Mortgage Strategists

Juan Pablo Barrera, Mortgage Agent, 416-722-4621

Nestor Parez, Mortgage Agent, 416-837-4061