Jeremy Ridley

The very first home you buy is going to be the first step towards making your dreams come true. You’ll need all the right guidance and knowledge you can get for this process. Jeremy Ridley is an experienced mortgage expert who can provide some top tips for home buyers to help you make an informed decision. Let’s look at some of the best tips for beginners in the mortgage process. Understand your financial situation Finances need careful assessment and realistic overlook before you make any major decision in life like buying a home. You need to have a close look at your expenses, determine what are your current savings, and how much are you going to save with your current income in the next few years. Try to avoid overextending yourself, as a mortgage broker Alliston like Jeremy Ridley can have a look into all these things and give you the technical outlook on it. Getting a pre-approved mortgage One of the first things that come with the home-buying process is getting a p...

If you are self-employed, you may want to go for homeownership. However, getting a mortgage as a self-employed individual can be quite difficult for you. You may face certain types of problems in the process and may want the right solutions for them. A Barrie mortgage broker can help you in this process. Let’s learn more about it. Documentation When the employees of any company go for homeownership, they can prove their income with their tax returns and other documents. However, it is not as simple for self-employed borrowers. They need to ensure that they provide documents proving their consistent income month on month. Unstable income When you are a self-employed individual, your income may not be fixed. It can differ from month to month. Hence, lenders may find it difficult to understand whether you can make the mortgage payments or not. So, with the help of the right mortgage broker, you can find the perfect options based on your income. Limited history Most of t...