When it comes to the purchasing of a new home, we understand there are many factors you must consider before coming to a final decision. One of the most important factors you must consider is the mortgage.
If you're completely new to the real estate market and do not fully understand what a mortgage is, that is fine. A mortgage is a legal agreement by which a bank or other principal lends money at interest in exchange for taking title of the debtor's property. This becomes void upon payment of the debt.
Hopefully, this explanation of what a mortgage is helped develop a better understanding of the process.
At Shoreline Realty Corp., Brokerage we understanding how daunting of a process this can be. That is why we provide you with key resources to help you make an informed decision. By using our mortgage calculator we hope we can shed some light on this process.
If you have any further questions or want to make an inquiry, please call us at 905-891-3300 or view or "Contact" page for other methods of connecting with us!