Vancouver Real Estate Blog by Mike Stewart

First Time Home Buyer’s Guide Vancouver – Episode 1


This is the first post in a series of several that provides solid tips for First Time Home Buyer’s in Vancouver’s property market.

So you’re thinking of taking the plunge and buying your first home in beautiful Vancouver!

How much can I spend? Get Pre-Approved!

If you have several hundred thousand dollars in your bank account, great!

If not, you should speak to your bank or a mortgage broker to find out how large of a mortgage you can get. The bank or broker will give you a mortgage pre-approval which is a rough estimation of what you can borrow. This mortgage pre-approval is based on the information you provide the bank or mortgage broker. Remember, the more accurate and detailed the information you provide, the more accurate the pre-approval amount!

Here’s a list of mortgage brokers who can help you with a mortgage pre-approval:

Chad Watts 7787736631 cwatts@mortgagegrp.com

Rino Revel 604) 816-1976 rinorev@telus.net

Mandeep Jhutee 6045169406 mjhutee@hotmail.com

Jessi Johnson (604) 716-6474 jessi@jessijohnson.com

Now that you know what you can spend, its time to figure what that money can buy. Be sure to Check out Episode 2 of the Vancouver First Time Home Buyer’s Guide – Where to Buy!

If you have any questions, feel free to contact me at any time!

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