Home Purchase Mortgage
Shannon Owen | Your mortgage matchmaker in Langley, Fraser Valley, and the Lower Mainland, B.C.
BUYING A HOME
It’s so exciting to imagine your first home purchase being a reality, or that dream home finally being yours to keep. You need a mortgage that takes into account your individual needs, wants, and circumstances, and to have all the details taken care of by an expert.
Whether you’re buying a new (or new to you) home, for a few years or forever, your best option is a single point of contact who has the experience and knowledge to choose a lending situation that’s right for you.
It’s so exciting to imagine your first home purchase being a reality, or that dream home finally being yours to keep. You need a mortgage that takes into account your individual needs, wants, and circumstances, and to have all the details taken care of by an expert.
Whether you’re buying a new (or new to you) home, for a few years or forever, your best option is a single point of contact who has the experience and knowledge to choose a lending situation that’s right for you.
First Time Home Buyer Mortgage
We help you navigate the mortgage landscape as a first-time buyer:
- Deposit
- Down payment
- Pre-approval
- Fees and taxes
- Cool-off periods
The process can feel overwhelming at first: getting pre-approved, finding a property, making an offer, negotiating, completing inspections, and closing the deal. There’s a lot of terminology and paperwork involved. That’s where we come in. We’ll take you through the process step by step, including fees, inspections, taxes, and approvals.
Make an appointment today
Shannon Owen | Your mortgage matchmaker in Langley, Fraser Valley, and the Lower Mainland, B.C., Canada
Fixed Rate Home Mortgage
Advantages of a fixed-rate mortgage:
- Predictable monthly payments
- Protection from rising interest rates
- Financial stability
- Easier long-term planning
- Limit exposure to volatile markets
A fixed-rate mortgage keeps your interest rate and payments the same for the length of your term, which can bring a real sense of stability — especially when life (and interest rates) feel a bit unpredictable. It’s a great fit if you like knowing exactly what your payments will be each month.
Adjustable Rate Home Mortgage
Advantages of a fixed-rate mortgage:
- Typically lower interest rates
- Lower monthly payments
- Free up cash for expenses
- Potential savings if rates decrease
- Greater purchasing power
A variable-rate mortgage typically starts with a lower interest rate, which can make monthly payments more affordable at the beginning. That said, rates can go up or down over time, which means your payments could change. This mortgage is a good option if you’re comfortable with some flexibility and want to take advantage of potential savings when rates are lower.
Frequently Asked Questions
Should I choose a fixed-rate or variable-rate mortgage?
How much do I need for a down payment?
What should first-time home buyers know before getting started?
LET’S TALK
Let’s get you into that new home you’ve been dreaming of.
