How to Master Your Mortgage and Afford Your Dream Home
April 6, 2024 ⚊ 1 Min read ⚊ Views 33 ⚊ BLOGImagine finding your dream home with a white picket fence, a spacious backyard, and a cosy fireplace. But, before you sign on the dotted line, have you ever stopped to wonder if you can truly afford it? If you are a first-time home buyer in Ontario, you might be thinking about getting a mortgage, and this is what most Canadians choose when they want to buy a home. However, to master your mortgage and make your dream of home ownership come true, you need to enter a world of mortgage calculations and massive paperwork. When you apply for mortgage pre-approval, the first thing a lender will check is the debt-to-income ratio.
Tags: real estate canada