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ADDRESS: #235, 6025 – 12th St SE, Calgary, AB   

PHONE:     403.819.2002

EMAIL:       mortgages@rhondapelletier.ca          

SOCIAL:                                

Rhonda Pelletier Mortgages is a part of:

©2018 by Rhonda Pelletier Mortgages. 

Becoming a Home Owner for the first time is exciting and stressful all at the same time.  We will assist you every step of the way; guiding you through the process, explaining the down payment, and the expenses you should expect that come with purchasing a home.  We work closely with your team of professionals – Realtor; Lawyer; Appraiser and Home Inspector, for a smooth transition into your new home.

We help you understand your financial situation, get you pre-approved and qualified, so you can make an offer on your dream home with confidence.

9 STEPS YOU NEED TO KNOW​

First Time?

WORK WITH AN EXPERIENCED MORTGAGE BROKER

Working with licensed professionals will help you make your First Time Home purchase an informative experience.  You will gain tips and advice that guide you through the process smoothly.  Our network of Licensed Mortgage Brokers, Realtors, Lawyers, Appraisers and Lenders are with you every step of the way, right from start to move in day.

 

GET LENDER PREAPPROVED & INTEREST RATE PROTECTION

Get the preapproval and rate before shopping for your home. This ensures you can shop for the dream home you can afford.  We will help you understand your financial situation and review your budget, so you know your exact purchase price range.  You will be required to provide paperwork to prove income for qualifying.  The Lender approval and an interest rate hold for up to 120 days is obtained.  You can now proceed with making an offer on a home with confidence.

 

KNOW THE HOME & LOCATION YOU DESIRE

Finding the right home and location begins the journey.  Your perfect home could be a condo, a single family dwelling or a home on an acreage.  Now your search begins for your dream home.

 

UNDERSTAND DOWN PAYMENT AND EXPENSES

We will review these costs in detail with you.  Besides the down payment, things to consider when completing your budget will be lawyer closing costs, moving expenses as well as possible costs you will incur after moving in.

 

USE AN EXPERIENCED REALTOR

Purchasing your first home is most likely the largest investment you will make.  Another great investment is working with an experienced Realtor who can guide you through the home search and offer process. Choose the Realtor that is right for you, or if you need a recommendation, let us know.

 

MAKE YOUR OFFER SUBJECT TO OBTAINING FINANCING

When making your Offer to Purchase, it is of utmost importance that it includes a Condition of Financing clause, with a minimum of 7 business days to arrange for your mortgage.  This allows time for all remaining paperwork to be obtained and submitted to the Lender to finalize conditions.  This clause protects you. 

 

ALWAYS DO THE HOME INSPECTION

The cost for the Home Inspection is worth every penny!!  It may cost you approximately $500+, but worth every little bit.  Detection of minor or major defects in the home could potentially save you thousands of dollars in repairs down the road.  This clause protects you!!

 

REAL ESTATE LAWYER

The Lender will send the closing documents to your Lawyer once your mortgage is complete.  You will be required to meet with them to review and sign the finalized documents for funding of the mortgage and registration at Land Titles Office.  Lawyer fees are part of the closing costs that you are required to pay.

 

CLOSING – POSSESSION DAY

You did it – you are now a new home owner!  The home purchase is finalized, you get the keys that open the door.  Your Lawyer has taken care of the funds being transferred from the buyer to the seller, which allows your Realtor to give you access to your wonderful new dream home.  Congratulations!