Too many purchasers today spend months looking for the "perfect" home, and virtually no time at all looking for the perfect mortgage to go with it.

Not all mortgages are created equal. There are a huge variety of mortgage products available from a wide range of lenders, and each has it's strengths and weaknesses. In addition, there's often a large number of choices to be made within a specific mortgage product.

That's why Macdonald Realty has leading mortgage experts available specifically to service our clients needs and go over all the options from various lenders.

It is very important to find a mortgage product that is tailored to your needs and circumstances. For example :

How stable is your income? If your income is seasonal or goes up and down, a product that accounts for that might be important. Are you protected against the unforeseen problems of the future?

How much down payment do you have? Mortgages can be had with zero down in some cases, or 5, 10, or 25 percent down or more. Some lenders have better rates and plans than others depending on your down payment and other factors.

What is your credit rating?: If your credit rating is less than stellar you may still qualify for a mortgage. However, some lenders are better choices for the higher-risk low down payment purchaser. Likewise, some will reward the low-risk mortgager with better rates than others.

What's in your future? Is this going to be your home for the next 20 years, or do you foresee moving before that? Are you planning on upgrading or downgrading in the future perhaps as you have a family, or your kids leave home? Will your income likely be changing? Might you be able to pay off your mortgage early? Might you need to refinance and lower your payments in the future? All of these questions can affect your choice in products today.

Pick the right mortgage today. Call me to arrange an appointment with a mortage specialist and see what we can do for you.