Most first-time homebuyers focus primarily on the features and cost of a new house. However, there are other fees, charges, and costs associated with homeownership that need to be considered. As a mortgage expert, I understand that it is easy to get carried away with the excitement of purchasing a new home and overlook vital costs.

If a borrower is struggling to qualify for a mortgage on account of insufficient credit or poor results after the stress test, using a co-signer can help convince a lender to lend to them. However, many people are not aware of what it means to co-sign on a loan and what is involved before, during, and after the process. This can lead to financial repercussions for both parties in the event of payment defaults.

Angela Milosevic wishes you and your family a happy and safe holiday season, and all the best for 2020!

I would like to inform my clients that I will be doing a draw on my Facebook page for the month of December and one for the month of January. The winners will win a $50 gift card.

If you need any assistance from me during the holiday season, feel free to get in touch with me by clicking here. 

If you plan on applying for a mortgage for a purchase or refinance, an appraisal might be required. Here are the ways to prepare for one.

As an experienced mortgage specialist, I understand that buying a new home can be a challenge. The hunt for funding for your dream home can be viewed as a stressful or laborious task, but with a little preparation, you can handle the home buying process quickly and easily.

As a first-time home buyer, you may have your dream house in mind, but no idea how to purchase it. Houses cost a lot of money, and unless you’re one of the rich or famous, making a direct payment is impossible. As a result, you have to depend on a mortgage to finance your real estate goals. Unfortunately, many first-time home buyers see mortgages as an obstacle, which becomes a strenuous burden given the preparation, saving, and legwork it requires.

Mortgage brokers are a link between you and potential lenders who can finance your dream home. Brokers also work on your behalf to find you the best mortgage solutions with competitive interest rates that suit your needs. Overall, they are valuable experts to have on your side when looking for funds to buy a home.

With almost 50% of marriages ending in divorce, it’s essential to have options when it comes to keeping the principal residence and separating financial affairs fairly. If you and your spouse or partner are considering a separation, and either of you would like to keep the house and buy out the other’s equity in the property, you have the option of “spousal buyout mortgages.”

Every industry has its own language and terms. These words and phrases can be confusing to anyone who is not part of the daily operations of a specific industry, and the mortgage business is no exception.

With fluctuating market rates, many homeowners look to restructure their existing mortgage plan and seek mortgage refinancing to lower their interest rate. While mortgage refinancing can help you save a ton of money, it can be difficult to obtain if you are unaware of the possible obstacles and frequent mistakes that borrowers make. 

If you’re in the process of buying a house, chances are that you’re looking for a mortgage product to match your financial situation and requirements. However, with a broad range of products to choose from and subsequently weigh the respective pros and cons, the search can be quite frustrating.

My warmest thoughts and best wishes for a wonderful holiday and a very happy New Year to you and your family. I look forward to working with you in 2019.

I would like to inform my clients that my office will be closed from December 24, 2018, until January 3, 2019, but I will accept online applications over the holidays.

While it is a huge decision to invest in real estate and buy a new house, there are small but vital decisions to consider on your path to homeownership. If you’re a first-time home buyer, this is an exciting time, but it can also be intimidating with the fierce competition and unexpected expenses.

I’m Angela Milosevic, mortgage broker in Cambridge, ON.

I look forward to sharing my story. I hope that you will enjoy getting to know me better.

Are you considering buying a new home or refinancing for a home renovation? A mortgage broker will deduce the perfect solution for you after evaluating your financial situation. With an experienced professional on your side, you will be familiar with market conditions, gain access to multiple lenders and find a suitable rate that meets your requirements.

Angela Milosevic is proud of the work that she does. But, instead of telling you why her customers love her, we’ll let them do the talking! Here’s what some of her customers are saying about her lately: