Snuggled between the northern shores of Lake Ontario and the breathtaking Niagara Escarpment, Burlington is a sought-after living destination. The area offers beautiful scenery within a suburban setting. Burlington’s close proximity to Toronto and the United States border make it a great place to live and work. Many of the 175,779 residents enjoy the close-knit community and safe atmosphere the city provides. If you’re not yet a resident of Burlington but would like to be, you should consider purchasing property in the city. Home ownership comes with many benefits because your property is one of your greatest assets. Before you can build equity in that asset, you have to find it.
Looking for a property to purchase in Burlington may be easier if you use the services of a real estate agent. To find a realtor you feel comfortable working with, try perusing RAHB. The Realtors Associations of Hamilton-Burlington allows future and current home buyers a chance to find a realtor to help them discover their dream home. RAHB members operate within the Ontario real estate industry and adhere to a strict code of ethics. Another group who adhere to a strict code of ethics that operate within Ontario are mortgage brokers.
Simply put, a mortgage broker will get you the funds needed to purchase your new home. Brokers have a variety of lenders in their inner circle and they are offered the best deals and interest rates. If you go to your bank to get a mortgage you will only be given the bank’s products. When you work with a Burlington mortgage broker, you have access to multiple products. Also, when you meet with a broker to discuss your potential as a borrower, they will take care of all the little details that go along with finding a mortgage such as pulling your credit report, pre-approvals etc.
Fast Facts about Burlington:
Your home is your most valuable asset. It is probably the single largest investment you will make in your lifetime. Your home is more than a place to rest your head and raise a family. Your home contains equity. It is a treasured resource and in some cases, can even be used as an ATM (aka cash back mortgages and HELOCs – don’t worry we’ll get there).
Everyone who is looking to purchase a home will need a mortgage. But, what is a mortgage exactly and why do you need it? Besides being the term to describe a loan secured by real estate, a mortgage allows you to access funding to procure your dream home.
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